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Capital Group Properties Plans Leominster Development

Apr 9, 2024 | Reprints | Unlock Link

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distribution center warehouse aerial top-down view

iStock photo

Southborough-based Capital Group Properties plans to develop a 67,500-square-foot industrial building for completion in early 2025 after acquiring a Leominster parcel.

The 5.5-acre 21 Jungle Road site recently received site plan and Leominster Conservation Commission approval for the project.

Founded by William Depietri, Capital Group Properties is active in suburban commercial development including the 730,000-square-foot Maynard Crossing retail project.

In Leominster, Capital Group Properties announced it has begun preleasing space for the new industrial development which will include 32-foot clear heights and tenant spaces with availabilities subdividable to 5,000 square feet.

Commercial & Industrial