Marcus Partners Nearly Doubles Industrial Portfolio
Marcus Partners has nearly doubled its industrial real estate portfolio with the $85.25 million acquisition of four suburban Boston properties totaling nearly 900,000 square feet.
Marcus Partners has nearly doubled its industrial real estate portfolio with the $85.25 million acquisition of four suburban Boston properties totaling nearly 900,000 square feet.
Some of the ice cream trucks which bring joy to thousands of children at Cape Cod’s beaches every summer will have a new home for their products following a Yarmouth commercial property sale.
A Watertown engineering firm will occupy a new 79,000-square-foot headquarters in Marlborough following a warehouse-to-office conversion by the landlord.
A South Boston industrial warehouse and manufacturing building near the Boston Convention and Exhibition Center has sold for $32.5 million.
In the commercial real estate world, one could say the retail sector’s loss was the industrial sector’s gain in 2018. The same can’t be said for the hotel sector, where most everyone’s gains contributed to the hospitality industry’s growth last year.
The new owner of a Pembroke property intends to convert the building back to its original use as a warehouse.
As the popularity of online retail and delivery services has exploded, so has demand for warehouse space – particularly for buildings that can handle last-mile delivery and urban logistics.
MBTA staff propose shifting warehousing and parts-delivery operations onto a partnership between Mancon and Unipart Rail with a $28.4 million, five-year contract that will be up for a vote today.