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Industrial Investor Acquires Mansfield Warehouse For $38.5M

Apr 12, 2018 | Reprints | Unlock Link | Print

The Seyon Group of Boston has acquired a 350,000-square-foot warehouse in Mansfield for $38.5 million.

The cross-dock warehouse at 560 West St. has 37-foot ceilings and loading docks at both ends, enabling products to be received, sorted and shipped in short periods of time. Built in 2009, the facility is just one of 12 cross-dock properties in the Greater Boston market, according to Seyon Group.

The seller, Medline Industries Inc. of Mundelein, Illinois, paid $5.25 million for the property in 2008.

Since its founding in January 2017, Seyon Group has acquired 15 properties totaling 1.75 million square feet of industrial real estate in Greater Boston.

B&T Daily