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 [...]

Written by on September 27, 2019

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 [...]

Written by on September 17, 2019

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 [...]

Written by on August 20, 2019

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, [...]

Written by on July 25, 2019

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 [...]

Written by on February 12, 2019