Calare Properties Sells Woburn Industrial Property

WOBURN, MA - Calare Properties (Calare) has completed the sale of a 58,600 sq. ft. industrial flex portfolio in Woburn. The asset, which includes two buildings at 64 Industrial Parkway and 1 Adele Road, sold to an owner-user. The property was purchased in 2018 as part of a corporate disposition from a manufacturing firm that [...]

Calare Properties Unveils Plans for Acton Industrial Flex Project

ACTON, MA - Calare Properties (Calare) has announced plans for a new industrial development at 50 Nagog Park in Acton to meet the growing demand for flexible, high bay assets in suburban markets. The build-to-suit project will deliver 120,000 sq. ft. of industrial flex space suitable for a range of warehouse, manufacturing, flex office, tech, [...]

Industrial/Flex/Lab New Construction for Q3/Q4 2021 Completion

The single-story industrial/flex/lab development planned for 50 Nagog Park offers sub-dividable floor plates from 20,000 to 120,000 sf to accommodate a wide range of warehouse, manufacturing, flex office, tech, service, and lab tenants. Situated within the 120-acre master-planned Nagog Park campus, which altogether encompasses 750,000 square feet of office space across eleven buildings, a 65,000 [...]

Calare Properties Expands New England Portfolio

WESTBROOK, ME - Calare Properties (Calare) has expanded its New England presence with the purchase of a well-maintained warehouse/flex property in Westbrook, Maine. The acquisition is the firm’s first asset in the state. Located at 5 Bradley Drive, the former Olympia Sports distribution center provides 103,000 sq. ft of open warehouse space and 31 foot [...]

Calare Properties Completes Strategic Acquisition in Stoneham

STONEHAM, MA - With a focus on long-term opportunity and strategic growth, Calare Properties (Calare) has acquired 95 Maple Street in Stoneham. The 5.63 acre site is fully leased and includes a 23,000 sq. ft. warehouse/office building, a 2,200 sq. ft. garage and over 400 parking spots. “95 Maple Street sits within the highly active [...]

Calare Properties Relocates Headquarters to Framingham

FRAMINGHAM, MA - Marking a period of continued growth and success, Calare Properties, Inc. (Calare) has relocated its headquarters to 30 Speen Street in Framingham. The move reflects the firm’s need for expanded, modernized space in a highly accessible location. “This move signifies a new chapter in our history and celebrates all we have accomplished [...]

Calare Properties Executes Sale of 16 Leona Drive

Calare announced today that it has completed the sale of 16 Leona Drive, a fully occupied industrial/laboratory building in Middleborough. The high quality 80,100 sq. ft. asset was sold for $14,425,000. Currently leased by long-term tenant IDEX Health & Science, a global leader in medical and life science manufacturing, the Class A asset is equipped [...]

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 [...]

Calare Properties Completes Sale of South Street Business Park

MARLBOROUGH, MA - Calare Properties (Calare) announced it has completed the sale of South Street Business Park for $14.2 million. The highly visible 14.5-acre site, at 417 South St., is ideally situated just two miles from I-495 in Marlborough’s bustling commercial district. The in-demand Class A industrial building features 145,600 sq. ft. of multi-use space, [...]

Calare Properties Acquires Industrial Flex Portfolio in Woburn, MA

Calare has acquired a strategically positioned industrial flex portfolio in the high-demand Route 128 North industrial market. The asset, which is comprised of two buildings totaling 53,600 sq. ft., is ideally located nine miles northwest of Boston at 64 Industrial Parkway and 1 Adele Road in Woburn. The two buildings are on adjacent parcels, totaling [...]