Wheelock Street Capital & Camber Development Acquires Industrial Property In Northborough, MA For $33M

Located in Northborough, MA, the industrial property at 11 Forbes Road has recently been sold in a transaction. The property spans 212,000 square feet and sits on 19 acres of land. With a sale price of $33,000,000, the price per square foot is calculated to be $156. The cost per acre stands at $1,736,842.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $33,000,000
• Square Feet: 212,000
• Address: 11 Forbes Road, Northborough, MA
• Market: Northborough, MA
• Buyer: Wheelock Street Capital & Camber Development
• Seller: Capri EGM
• Brokers: Coleman Benedict, Matthew Sherry, Ben Sayles, Michael Restivo, & Corbin Stall - JLL

The deal involved Wheelock Street Capital & Camber Development as the buyers, while Capri EGM acted as the sellers. The transaction was facilitated by Coleman Benedict, Matthew Sherry, Ben Sayles, Michael Restivo, and Corbin Stall from JLL.