Bedford Advanced Manufacturing Campus Gets $62.5M Financing
A 23-acre Bedford campus that landed a major lease from a Bill Gates-backed thermal battery manufacturer in December received $62.5 million in financing.
Camber Reaps $100M in Wilmington Sale
A development partnership pocketed $100.4 million from the sale of a recently completed same-day delivery station for Amazon in Wilmington.
VC-Backed Power Delivery Company Expands in Woburn
The newest tenant of a Woburn property is a venture capital-backed tech company that provides electric grid transmission equipment compatible with power-hungry AI data centers.
GEM Realty Capital Buys Billerica Campus
A 450,000 square-foot industrial park in Billerica was recapitalized for $79 million following a series of major leases with manufacturing and R&D tenants.
Massachusetts Shoots for Leadership in the ‘Hard Stuff’
Massachusetts lost biomanufacturing jobs last year, raising questions about the sector’s future in the state. But local and state leaders are planning initiatives to show the Bay State remains a formidable powerhouse.
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.
All-Electric Warehouse Gets Financing in Wilmington
A partnership of Wheelock Street Capital and Camber Development is scheduled to complete construction of an all-electric warehouse and distribution center in Wilmington in early fall after receiving $57 million in construction financing.
Hot Property: 10 World Trade
10 World Trade in Boston’s Seaport District is the city’s first development recognized by the U.S. Green Building Council for sustainable design of landscapes and outdoor spaces.
Amazon Robotics Hub Sold for $82.55M
A partnership between Boston- based Camber Development and Wheelock Street Capital is the new owner of an Amazon Robotics-leased R&D facility in North Reading.
Wheelock Buys Inner Belt Labs and Development Site
Wheelock Street Capital is the latest institutional investor to buy into the budding life science cluster in Somerville’s Inner Belt.
10 World Trade to Break Ground Within Weeks
Construction of the $530 million 10 World Trade office-lab tower in Boston’s Seaport District is set to begin this year after two new investors joined the development team.
Developers Look Beyond Labs for Value Investments
Dozens of commercial developers have shifted their focus to lab projects amid the boom, others see overlooked opportunities in the industrial market’s R&D and flex space.
Wheelock Expands Industrial Portfolio in $40.4M Transaction
Wheelock Street Capital continues its suburban industrial buying spree with the $40 million acquisition of two properties north of Boston.
Seyon Group Begins Marketing Foxborough Industrial Space
A partnership between The Seyon Group of Boston and Connecticut-based Wheelock Street Capital has acquired a Foxborough industrial property and begun marketing the space to future occupants.
Hot Property: 613 Main St.
Lowe’s Home Improvement Warehouse and HVAC supplier Homans Assoc. have leased a combined 281,192 square feet at 613 Main St. in Wilmington.
Sanofi Manufacturing Facility Sold for $33M
A Northborough life science facility leased to Sanofi Genzyme has been acquired by a joint venture of Wheelock Street Capital and Camber Development for $33 million.
Seyon, Wheelock Partner on $30M Peabody Acquisition
A partnership of Wheelock Street Capital and The Seyon Group has made its 27th acquisition of industrial real estate, paying $30.1 million for a Peabody warehouse.
CIM Group Buys Andover Industrial Property for $26M
A 127,400-square-foot flex and manufacturing building in Andover has been acquired for $26 million by CIM Group.
Andover Office Building Sells for $8.27M
An Andover office building near the intersection of Interstates 93 and 495 has sold for $8.27 million.
MedTech Firm Renews 128K SF in Andover
Medtech company Dräger Medical Systems will retain its North American headquarters in Andover after signing a 128,000-square-foot lease renewal with plans for a building improvement program in the next 18 months.
