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U.S. Lumber Leases 96,000 Square Feet At Francis Logistics Center In Mansfield MA

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LEASED

Massachusetts

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Industrial96,000 SF
Leased 09/29/2025
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LEASED

U.S. Lumber Leases 96,000 Square Feet At Francis Logistics Center In Mansfield MA

241 Francis Avenue

See Similar Deals
Industrial96,000 SF
Leased 09/29/2025
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:96,000 SF
Transaction Type:Lease

The asset involved in this transaction is a 96,000-square-foot industrial property located at 241 Francis Avenue in Mansfield, MA. This property is part of Oliver Street Capital’s Francis Logistics Center. The lease agreement grants U.S. Lumber warehouse space along with nine acres designated for outdoor storage.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 241 Francis Avenue
  • Market: Mansfield, MA
  • Landlord: Jonathan Hyde - Oliver Street Capital
  • Tenant: Lita Abele - U.S. Lumber
  • Brokers: Ned Halloran & Leeanne Rizzo - Hunneman

Ned Halloran and Leeanne Rizzo from Hunneman were the brokers involved in securing the lease for U.S. Lumber, representing them in this transaction with Oliver Street Capital. The deal enables U.S. Lumber to enhance its operational capacity through the acquisition of significant warehouse and storage space.

Players

Ned Halloran
2 deals$50M volume
BROKER

Leeanne Rizzo
Hunneman
3 deals$50M volume
BROKER

LANDLORD

Details

LEASED
IMAGE: Jonathan Hyde, Lita Abele, Ned Halloran & Leeanne Rizzo DATE: 09/29/2025 ADDRESS: 241 Francis Avenue MARKET: Mansfield, MA ASSET TYPE: Industrial ~ SF: 96,000 LANDLORD: Jonathan Hyde - Oliver Street Capital TENANT: Lita Abele - U.S. Lumber BROKERS: Ned Halloran & Leeanne Rizzo - Hunneman (@HunnemanRE) NOTE: Hunneman brokered a 96,000-square-foot lease for U.S. Lumber at Oliver Street Capital’s Francis Logistics Center in Mansfield, giving the distributor warehouse space plus nine acres of outdoor storage.

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Deal Type
Effective Rent (Annual)

$5,502,662.07

Total Lease Value

$55,026,620.70

Net Landlord Cash Flow$5,502,662.07