425 Meadow Street, Chicopee, MA
Investment Summary Property: Acquired in 2017, 425 Meadow Street is a 552,000 SF industrial property on 47 acres in Chicopee, MA. Pricing: Acquisition Price - $6,000,000 – January 2017 Total Project Cost - $13,200,000 Strategy: Acquire Callaway Golf ball manufacturing facility with long lease in place and a Class A high bay warehouse in need [...]
25 Tucker Drive, Leominster, MA
Investment Summary Property: Acquired vacant in a joint venture, 25 Tucker Drive in Leominster, MA is a single building, 588,000 sf of contiguous manufacturing, distribution and office space on 24 acres. Pricing: Acquisition Price - $11,700,000 ($20 psf) – December 2013 Total Project Cost - $13,700,000 ($23 psf) Strategy: Low basis acquisition of institutional quality, [...]
100 Chelmsford Street and 144 Chelmsford Street, Lowell, MA
Investment Summary Property: Acquisition (sale/leaseback) of 100 Chelmsford Street with a 20 year absolute lease and ground-up development of 144 Chelmsford Street in Lowell, MA in partnership with long-term tenant MACOM Technology Solutions, Inc. Pricing: Total Project Cost - $35,900,000+ Strategy: In collaboration MACOM and Calare is building the company’s global headquarters and with its [...]
19-21 Alpha Road, Chelmsford, MA
Investment Summary Property: Two building, multi-tenanted portfolio, totaling 127,000 SF located in a premier business park, at I-495 and Route 3 in Chelmsford, MA. Pricing: Acquisition Price - $8,900,000 Total Project Cost - $9,444,000 Strategy: Value add opportunity in need of strong management and capital in a prime location with acquired 40% vacant. Opportunity/Highlights: The [...]
