Suburban Industrial Portfolio Trades for $167M
Boston-based Marcus Partners sold a portfolio of six suburban industrial properties that it had assembled since 2019 for $167 million.
R.J. Kelly Sells Amazon Last-Mile Center for $52M
After redeveloping a Worcester industrial property into last-mile distribution space for Amazon, Burlington-based R.J. Kelly Co. has sold the 176,000-square-foot facility to Tritower Financial Group for $52 million.
Maine Developer Sells Chelmsford Property After Upgrades
A Maine developer that repositioned a Chelmsford industrial property as flex space during an 8-year ownership period has sold it to a Raynham investor for $14.8 million.
GFI Sells Woburn Industrial Property for Big Markup After Six Months
A leased Woburn industrial property in Woburn has been acquired by a San Francisco private equity investor for $18 million, just six months after it previously sold for $10.1 million.
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.
FoxRock Adds Industrial Assets with Coffee and Cardboard Tenants
Quincy-based commercial investor and developer FoxRock has expanded its portfolio to over 4 million square feet with the recent acquisitions of suburban Boston properties leased to Atlantic Coffee and Hub Folding Box.
Marcus-Rhino Partnership Acquires Industrial Portfolio
Developer Marcus Partners expanded its Greater Boston industrial portfolio with the $13.35 million acquisition of a two-building portfolio in Billerica and Lowell.
Suburban Industrial Portfolio Trades for $55M
A Boston developer has acquired a nearly 256,000-square-foot suburban industrial portfolio leased to tenants including Tesla, Aramark and Bimbo Bakeries.
