Earlier this month, Calare Properties, Inc., a Massachusetts-based real estate investment manager, announced its acquisition of the former Evergreen Solar manufacturing facility at 112 Barnum Road in Devens, Massachusetts in a joint venture with Hackman Capital Partners. This 448,000 SF, state-of-the-art manufacturing building situated on 25 acres of land was completed in 2010 for $196,000,000. […]
BY JOE CLEMENTS Calare Properties has finalized an impressive roll over plan of sorts after snagging fallow Building Four at 900 Middlesex Turnpike here last spring in a $1.7 million value-add acquisition. Lasermax Roll Systems has committed to occupy all 94,000 sf, wrapping up a 10-year lease that will commence in April when the digital […]
128 South market Boston Business Journal – by Craig M. Douglas Calare Properties Inc. has dodged a bullet by quickly filling a massive vacancy in the battered-and-bruised 128 South market. Now it faces the unenviable prospect of servicing its circa 2007 debt load with circa 2010 lease rates. The Hudson-based real estate investor appeared to […]
Boston Business Journal – by Tim McLaughlin Office-supply giant Staples Inc. has extended the lease on its large distribution center in Plainfield, Conn., according to an announcement from Hackman Capital Partners. Framingham, Mass.-based Staples (Nasdaq: SPLS) has occupied the entire 530,500-square-foot facility since June 2002. The property is part of the $516 million National Industrial […]
