Amazon Facility in former Necco Factory Opens
Amazon has opened a delivery center in a former candy factory famous for making Sweethearts and other classic confections.
Amazon has opened a delivery center in a former candy factory famous for making Sweethearts and other classic confections.
After signing Amazon to a massive warehouse lease in Revere, Framingham-based developer Atlantic Management has gained a commitment from the e-commerce leader for a $40-million robotics research hub in Westborough.
Revere Mayor Brian Arrigo has announced Amazon will be opening a distribution center in the former Necco factory on Revere Beach Parkway in the city.
Redevelopment of Revere’s former Wonderland greyhound racetrack property could be around the corner with the selection of a brokerage to market the 34-acre site.
The wholesale food cooperative based at Boston’s Widett Circle is focusing on Revere’s former Necco factory for a new home, potentially clearing the way for redevelopment of their coveted 19-acre site along the Southeast Expressway.
The owners of the largest block of available industrial space in Massachusetts have refinanced their debt with a new $115 million bridge loan to pay for future capital projects and tenant improvements.
Atlantic Management’s decision to retain the Necco factory as industrial space reflects the sector’s sudden resurgence in Greater Boston.
The future of the former Necco factory in Revere is coming into focus as the new owners seek to fill the 829,000-square-foot facility with industrial, life science or R&D tenants.
Framingham-based developer Atlantic Management has acquired New England Confectionary Co.’s 50-acre headquarters in Revere, the candy manufacturer’s home since 2003, for $54.6 million