Calare Properties Expands Portfolio with Purchase of Salem, N.H. Industrial Facility
FRAMINGHAM, MA (February 17, 2025) - Calare has added a prime warehouse property to its portfolio with the purchase of 14 Garabedian Dr. in Salem, N.H. The approximately 108,000 sq. ft. facility, located on 5 acres near the Massachusetts border, was purchased fully leased with the prior owner in place as a long-term tenant through [...]Calare Properties Announces Promotions
FRAMINGHAM, MA – Calare announced the promotion of four team members in recognition of their meaningful contributions to the company’s success. These updates also come with the expansion of Calare’s Executive Team, with Todd Barclay being appointed Co-Chief Investment Officer (CIO). Barclay will continue in his role as Head of Investments, where he leads Calare’s […]
Calare Properties Acquires Prime Retail Property in Woburn
FRAMINGHAM, MA – Calare has completed the purchase of the MetroNorth Shopping Center, a prime retail strip portfolio in Woburn, Mass. Located at 99-103 Commerce Way, the property is comprised of two buildings totaling approximately 38,000 sq. ft. Financial details for the transaction were not disclosed. “We are pleased to add the MetroNorth Shopping Center […]
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 Completes 119,000 SF in Nagog Park, Acton
Check out the time-lapse video below showcasing Calare's recently completed industrial/flex development at 50 Nagog Park.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 […]