Hot Property: All-Electric Wilmington Warehouse
A partnership between Camber Development and Wheelock Street Capital has begun construction of a 238,000-square-foot warehouse and distribution facility in Wilmington.
Davis Cos. Spec Project Lands Full-Building Tenant
The first phase of a speculative industrial development by The Davis Cos. in Wilmington landed a full building lease from a medical device company.
Robotics Company’s HQ Breaking Ground in Wilmington
The Metro North corridor’s robotics cluster is expanding with groundbreaking today of a new 200,000-square-foot headquarters.
Taunton Trade Center Gets 260K SF Lease
A speculative industrial development at Taunton Trade Center landed a plumbing supplier as tenant for nearly half of the available space.
Greystar Enters Massachusetts Industrial Market with South Shore Project
Greystar’s first industrial development in Massachusetts will create nearly 413,000 square feet of distribution space scheduled for completion in late 2023.
Central Gateway Project Includes Flexible Industrial Space
A joint venture’s second speculative development in central Massachusetts will deliver nearly 268,000 square feet of industrial space in the town of Leicester.
Developer Gets $121M for ‘Cubes’ Project in Douglas
One of the largest speculative industrial projects in the Bay State will break ground this fall after receiving $121 million in construction financing.
Kraft Group Begins 2.4M SF Development in Sutton
A Kraft Group company has begun site work in the Blackstone Valley town of Sutton on the first phase of a real estate development that could total 2.4 million square feet of industrial space.
Taunton Approves Large FedEx Hub at Former Galleria
The new owner of the defunct Silver City Galleria in Taunton received approval to build a 651,076-square-foot warehouse and distribution facility for FedEx at the former shopping mall near Route 24.
Concert Equipment Provider Signs First Lease at Shrewsbury Development
A Las Vegas company that rents equipment to TV and film crews in the Boston area has inked the first lease at a new 310,000-square-foot industrial campus in Shrewsbury.
New Wilmington Development Gets $39.1M in Financing
A 214,440-square-foot Wilmington industrial development that broke ground in late winter received $39.1 million in construction financing.
Hot Property: Vicor Corp. Expansion
Beverly-based R.J. Connolly Brothers Inc. this month completed construction of an addition to Vicor Corp.’s headquarters and manufacturing facility in Andover.
R.J. Kelly Seeks Approval for Peabody Amazon Project
A portion of the Analogic Corp. campus in Peabody would be redeveloped into an Amazon last-mile delivery station under newly-submitted plans by Burlington-based R.J. Kelly Management.
Restaurant Supplier Leases 345K SF in Bellingham
A speculative distribution center in Bellingham has landed a 345,000-square-foot full-building lease from restaurant supplier TriMark USA.
Davis Cos. Buys Metro North Portfolio for $44.25M
The Davis Cos.’ $44.25 million acquisition of a four-building portfolio in Wilmington and Methuen includes a 28-acre parcel that was recently approved for a 235,000-square-foot distribution center.
Pandemic Upended Commercial Real Estate in 2020
During the lengthy commercial real estate boom, many industry figures said Greater Boston’s diversified economy – with its strengths in financial services, technology and life science – was built to withstand anything except a “Black Swan event” such as a natural disaster or geopolitical conflict.
Developer Submits 605K SF Warehouse Proposal in Blackstone Valley
Steady demand for high-bay distribution space is spurring a series of suburban industrial developments, including new plans for a 605,000-square-foot warehouse on a property that spans parts of three towns in the Blackstone Valley.
