Link Logistics Real Estate Acquires Industrial Properties In Franklin, Andover, Wilmington, Tewksbury, Hopkinton, And Auburn For $175M

Link Logistics Real Estate has acquired a portfolio of industrial properties located in Franklin, Andover, Wilmington, Tewksbury, Hopkinton, and Auburn. The properties include 12 Forge Parkway, 150 Dascomb Road, 25 Industrial Way, 65 Sunnyslope Ave, 82 S. St, and 19 Technology Drive, totaling approximately 803,000 square feet. This acquisition was facilitated by CBRE brokers Scott Dragos, Doug Jacoby, Chris Skeffington, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $175,000,000

The industrial properties were sold by AEW Capital Management to Link Logistics Real Estate. The transaction was completed on October 27, 2021. The sale price per square foot was approximately $218.

Link Logistics Real Estate's acquisition of these properties expands its industrial portfolio in the Franklin, Andover, Wilmington, Tewksbury, Hopkinton, and Auburn markets.