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CBRE/New England Chosen To Market Wilmington Portfolio

Mar 21, 2016 | Reprints | Unlock Link | Print

Boston-based Berkeley Investments has appointed CBRE/New England as exclusive leasing agent for a three-building portfolio on Ballardvale Street in Wilmington.

The 310,000-square-foot portfolio includes two single-story flex properties at 299 and 301 Ballardvale St. occupied by Hub International, Automated Engineering Inc. and Tecomet Inc., and a third property at 300 Ballardvale St. that recently underwent over $1 million in capital improvements. Berkeley plans additional upgrades to attract flex, light manufacturing and office tenants, according to a press release.

Berkeley acquired the properties in December from The Blackstone Group for $22.2 million.

Mark Reardon, Jason Levendusky and Jake Borden will lead the CBRE/New England team.

Commercial & Industrial