B&D Holdings Acquires Two Industrial Properties In Tewksbury And Haverhill For $10.1M

The transaction involved the acquisition of two industrial properties located at 1668 Shawsheen Road and 45 Research Drive in Lawrence & Haverhill, MA. The total square footage of the properties is 64,000, with B&D Holdings as the landlord. The acquisition was financed with a loan amount of $10,100,000, secured through two local Boston-area banks.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,100,000
• Address: 1668 Shawsheen Road & 45 Research Drive
• Market: Lawrence & Haverhill, MA
• Landlord: Martin Segal - B&D Holdings
• Brokers: Max Custer, Amy Lousararian, Thomas E. Didio, Jr, Chris Barry & Christian Badalamenti - JLL
• Loan Type: Acquisition
• Loan Secured: Two Boston-area banks
• Occupant: Walden Local Meats in Tewksbury cold storage facility

JLL Capital Markets arranged the financing for B&D Holdings, facilitating the acquisition process. The team of brokers from JLL played a key role in the transaction, representing the interests of the landlord in securing the loan and ensuring a smooth transaction.