Greater Boston Industrial Portfolio

Danvers, Massachusetts

Request Information

Building

Stats

  • Property Type Industrial - Warehouse/Distribution
  • Building size (SF) 279,824
  • Price $37,500,000

Overview

Highlights

- Critical mass in the red-hot industrial market sector with three well-located buildings totaling 279,824 SF.

- 100% leased to a diverse roster of five tenants with a WALT of 7.4 years and staggered lease expirations.

- Below market in-place lease offer the opportunity to capture meaningful cash flow growth as the existing leases expire.
- Strategically located properties with tremendous access and reach to some of New England's densest population centers.

- Mission critical locations for the tenants due to their strategic locations and heavy tenant investment on building specific equipment and infrastructure.

- Outstanding industrial market fundamentals in Greater Boston highlighted by 1 million SF of net absorption over the past 12 months and a record low vacancy rate of 3.7%

Location Map

Team

Brandon Dickason

Principal
Avison Young - US - MA - Boston
617-970-5661

Derek Opert

Director | Capital Markets
Avison Young - US - MA - Boston
617-758-8563

Scott Jamieson

Principal
Avison Young - US - MA - Boston
978-884-6047

Brandon Dickason

Principal
Avison Young - US - MA - Boston
617-970-5661

Derek Opert

Director | Capital Markets
Avison Young - US - MA - Boston
617-758-8563

Scott Jamieson

Principal
Avison Young - US - MA - Boston
978-884-6047

Scott Jamieson

Principal
Avison Young - US - MA - Boston
978-884-6047

Scott Jamieson

Principal
Avison Young - US - MA - Boston
978-884-6047

Downloads

Click Here for Flyer

Click Here for Offering Memorandum

Please Use the Form Below for Further Information:


We will not send you spam or share your email address.