Realterm Logistics announces the acquisition of a 90,891-square-foot high flow-through facility located at 393 Manley Street, West Bridgewater, Massachusetts. The fully leased final mile warehouse is south of Boston, sits on 11 acres, and has 17 loading positions and excess parking.
“Boston is a leading final mile market with high barriers to new development, a population with strong income demographics and good user demand, all of which make this superior property an extremely valuable addition to Realterm’s portfolio,” said Ben Andreycak, Acquisitions – East Region, Realterm.
Minutes from Boston’s major thoroughfares, I-93, I-95 and I-495, via Route 24, the warehouse offers immediate access to the greater Boston area and key hubs along the Eastern Seaboard. The property is located 28 miles from Boston’s Logan International Airport and 25 miles from the Port of Boston.
“We are pleased to add another well-located, highly functional high flow-through facility to our portfolio,” said Ed Brickley, Managing Director, Senior Fund Manager, Realterm.
Highlights of the property include:
John Meador and Charlie Luce of Casco Real Estate Partners facilitated the transaction and represented Realterm.
- Square feet: 90,891 SF
- Land area: 11 acres
- Loading positions: 17
- Access: Massachusetts Route 24, I-93, I-95 and I-495