Calare Properties Finalizes Sale of Flex Portfolio in Chelmsford

CHELMSFORD, MA - As part of its continued investment strategy, Calare Properties (Calare) has completed the sale of 19-21 Alpha Rd, a two-building flex portfolio in Chelmsford. The fully occupied property, spanning 127,000 sq. ft., was sold for $15,750,000. Calare purchased the property in 2016 at 50 percent leased with a value-add investment strategy focused [...]