Massachusetts real estate investment firm completes 231,867 square foot purchase Calare Properties (Calare), a private, Massachusetts-based investment firm with a focus on industrial and flex/office real estate, has acquired 231,867 square feet (sf) of office and industrial space in the greater Tampa, Florida area, located on a combined 21- acres of land. The purchase of […]
Local real estate investment firm finalizes deal at 417 South Street in Marlborough, MA Calare Properties (Calare), a private, Massachusetts-based investment firm with a focus on industrial and flex/office real estate, announced today that 32,400 square-feet (sf) of office space has been leased to IEP Technologies, LLC at South Street Business Park in Marlborough, Massachusetts. […]
112 Barnum Road project recognized as the Best Industrial/Flex Use Deal of the Year Calare Properties (Calare), a privately held, Massachusetts-based investment firm with a focus on industrial and flex/office real estate, was awarded the Boston Business Journal’s 2014 “Best in Boston Real Estate Award for the Industrial/Flex Use Deal of the Year.” Calare worked […]
Calare Properties, Inc., a Massachusetts-based real estate investment manager, announced today that it has completed the acquisition of 380 South Worcester Street, Norton, MA. This 467,000 SF food and beverage distribution center features dry, cooler, and freezer warehouse space. The property is located 40 miles south of Boston and in close proximity to I-495 and […]
The Boston Business Journal awarded Calare Properties, Inc. and Hackman Capital Partners, LLC the top honor last week in the Industrial/Flex Use category for the acquisition and repositioning of 112 Barnum Road, the former Evergreen Solar facility, in Devens, MA. “We are extremely honored to be recognized by the BBJ and our peers. This deal […]
Hackman Capital Partners and Calare Properties are pleased to announce the recent expansion of LEGO Systems, Inc. at Enfield Business Park in Enfield, Connecticut, home to the toy manufacturer’s North American headquarters. The company is taking an additional 80,198 square feet of office space in the former manufacturing building in order to augment research and […]
Calare Properties, Inc., a Massachusetts-based real estate investment manager, announced today that it has completed the acquisition of 25 Tucker Drive in Leominster, MA. The 588,000 SF site offers single-story contiguous manufacturing, distribution and office space on 24 acres. The facility is demisable for up to three tenants and is located less than a third […]
Hackman Capital and Calare Properties announced today that construction has officially begun at Riverview Technology Park. Located on the Concord River, just 30 minutes north of Cambridge’s bustling life-science community, the 130-acre park will be undergoing major redevelopment, and the site’s largest facility at 495 Woburn Street will be completely transformed. “Once renovations are completed, […]
Calare Properties, Inc., a Massachusetts-based real estate investment manager, announced the completed sale of 900 Middlesex Turnpike, Building 4 in Billerica, MA. The 94,174 SF manufacturing property, purchased last May in a distressed sale for $1,700,000, was sold to a local investment firm for $7,300,000. The transaction closed on Friday, September 28, 2012. Bill Manley, […]
Courtesy of the Hartford Courant – 8/25/2012 Plans by a Virginia-based auto parts maker to open a distribution center in a former LEGO warehouse in Enfield are getting a boost from the state. Advance Auto Parts is expected to receive a $5 million loan from the state Department of Economic and Community Development to help […]
Calare Properties and Hackman Capital, announced today that Radant Technologies, Inc., has signed a lease to occupy 58,852 square feet at 100 Adams Road in Clinton, Massachusetts. Radant Technologies, based in Stow, Mass., will use the state-of-the-art, high-bay industrial facility to accommodate business growth. Radant specializes in the design, manufacturing and testing of radomes reflectors, […]
Calare Properties and Hackman Capital are pleased to welcome Saint-Gobain as the first tenant to the state-of-the-art manufacturing facility located at 112 Barnum Road in Devens, Massachusetts. The impressive 448,000 SF former solar panel manufacturing plant, constructed by Evergreen Solar in 2010, was acquired by Calare and Hackman in April 2012 for $8,330,000, a significant […]
Calare Properties, Inc. and Hackman Capital announced today that TerraTherm, a worldwide leader in the development and implementation of in situ thermal remediation, has leased the 67,200 square foot facility at 151 Suffolk Lane in Gardner, Massachusetts. The company moved its corporate headquarters, manufacturing and R&D operations into this facility on May 2, 2012. James […]
Earlier this month, Calare Properties, Inc., a Massachusetts-based real estate investment manager, announced its acquisition of the former Evergreen Solar manufacturing facility at 112 Barnum Road in Devens, Massachusetts in a joint venture with Hackman Capital Partners. This 448,000 SF, state-of-the-art manufacturing building situated on 25 acres of land was completed in 2010 for $196,000,000. […]
BY JOE CLEMENTS Calare Properties has finalized an impressive roll over plan of sorts after snagging fallow Building Four at 900 Middlesex Turnpike here last spring in a $1.7 million value-add acquisition. Lasermax Roll Systems has committed to occupy all 94,000 sf, wrapping up a 10-year lease that will commence in April when the digital […]
128 South market Boston Business Journal – by Craig M. Douglas Calare Properties Inc. has dodged a bullet by quickly filling a massive vacancy in the battered-and-bruised 128 South market. Now it faces the unenviable prospect of servicing its circa 2007 debt load with circa 2010 lease rates. The Hudson-based real estate investor appeared to […]
Boston Business Journal – by Tim McLaughlin Office-supply giant Staples Inc. has extended the lease on its large distribution center in Plainfield, Conn., according to an announcement from Hackman Capital Partners. Framingham, Mass.-based Staples (Nasdaq: SPLS) has occupied the entire 530,500-square-foot facility since June 2002. The property is part of the $516 million National Industrial […]
