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Calare Properties Acquires 8 Lakeville Business Park

Aug 30, 2016 | Reprints | Unlock Link | Print

Hudson-based Calare Properties has acquired 8 Lakeville Business Park, a 100,000-square-foot warehouse in Lakeville, for $5.8 million.

The seller was Sudbury-based Gebsco Gateway, according to records filed with the Plymouth County Registry of Deeds.

CBRE/New England’s Kyle Juszczyszyn, Chris Coutts and Lenny Pierce secured $4 million in acquisition financing through East Boston Savings Bank.

The single-story building is 100-percent leased to Guardian Building Products and T3 Expo.

“We ran a very competitive process and secured an attractive long-term, fixed-rate loan that aligns with Calare’s strategy for this asset,” Coutts said in a statement.

B&T Daily