Calare Properties Expands Footprint with New Jersey Acquisition

FRAMINGHAM, MA – Calare Properties (Calare) has expanded its footprint into New Jersey with the acquisition of an industrial commercial condominium at 3 Nami Lane in Hamilton Township. The purchase of the 25,750 sq. ft. space extends the reach of the company’s portfolio into the Tri-State market, with strategic positioning between the New York City […]

Calare Properties Completes Redevelopment of 325 Foxborough Blvd Office Campus

FRAMINGHAM, MA - Calare Properties (Calare) has completed upgrades to 325 Foxborough Blvd. nearly a year after acquiring the 80,000 sq. ft. Foxborough office building. The fully upgraded property will serve as a world-class corporate headquarters facility for NECI, a solutions and services provider for industrial automation, data, and digital transformation. Calare purchased the vacant [...]

Calare Properties Sells Prime Stoneham Property

FRAMINGHAM, MA - Calare Properties (Calare) has completed the sale of 95 Maple St. in Stoneham, a well-positioned 5.63-acre site primed for multi-family development. The site, which currently includes a 23,000 SF warehouse/office building, a 2,280 SF garage, and approximately 428 parking spaces, sold to a national apartment developer for an undisclosed amount. “When Calare [...]

Calare Properties Develops a Class A Industrial Facility in Saco, Maine

FRAMINGHAM, MA - Calare Properties (Calare) celebrates the completion of 45 Industrial Park Road, a Class A warehouse/logistics development in Saco, Maine. The nearly 125,000 sq. ft. facility will serve as a key distribution hub for a globally recognized snack food manufacturer. Project costs were not disclosed. “In bringing this modern facility to fruition, we [...]

Calare Properties Diversifies Portfolio with Class A Suburban Office Acquisition

FRAMINGHAM, MA - Calare Properties (Calare) has completed the purchase of 325 Foxborough Blvd., a modern two-story office building situated on 9.4 acres in Foxborough, MA. With the acquisition of the 80,000 sq. ft. property, Calare has also secured a long-term tenant that will occupy the entire building.NECI, a solutions and services provider for industrial [...]

Calare Properties Secures 24,380 SF Lease in Newly Acquired Newton Portfolio

FRAMINGHAM, MA – Calare Properties (Calare) has leased 66 Rowe Street to Forge Team Inc. after acquiring the Newton property this past Fall. The well positioned Class A industrial/flex portfolio is comprised of two neighboring buildings, at 66 and 77 Rowe Street, located in a premiere location with direct building and signage visibility from the […]

Calare Properties Bolsters Investment Team with Key New Hire

FRAMINGHAM, MA - Strengthening its longstanding focus on the industrial real estate market, Calare Properties (Calare) has welcomed Mike Sullivan to their investment team. Sullivan brings extensive knowledge of the retail and self-storage sectors to help diversify and enhance Calare’s property portfolio. In his role, Sullivan will seek out strategic investment opportunities that will allow the [...]

Calare Properties Acquires a Class A Industrial/Flex Portfolio in Newton, MA

FRAMINGHAM, MA – Calare Properties (Calare), has completed the acquisition of a well-located industrial/flex portfolio in Newton, offering potential tenants flexible Class A space and corporate branding with prime visibility along the Mass Pike. Comprised of two separate properties at 66 and 77 Rowe Street, which will be fully vacant, the purchase reflects Calare’s strategic […]

Calare Completes Purchase of Prime Framingham Corporate Campus

FRAMINGHAM, MA - Complementing a growing property portfolio in Framingham, Calare Properties (Calare) has completed the purchase of 100 Staples Drive. The 160,925 sq. ft. corporate campus has been purchased vacant, offering prime Class A office/lab space with convenient access to local highways and amenities. 100 Staples Drive provides corporate office tenants contemporary space in [...]

CEO, Bill Manley Shares Insights on New England’s 2021 Industrial Market

Rents Shooting Up As Boston Industrial Market Tightens 'Almost To The Point Of A Crisis', Bisnow Boston “The nice thing about the New England market, you have just a ton of skilled labor here, a highly educated workforce,” Manley said. “You’re seeing the higher-tech manufacturing, the biotech manufacturing, you’re seeing a lot of that come [...]

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 [...]