Brookfield Properties Acquires Industrial Property In Wilmington, MA For $15M

Brookfield Properties has recently acquired an industrial property located at 12 Industrial Way in Wilmington, MA. The property, with a total square footage of 86,200, was sold by Wilmington Cold Storage for a transaction price of $15,000,000. This translates to a price per square foot of $174. The deal was finalized on December 14, 2020.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,000,000
• Address: 12 Industrial Way, Wilmington, MA
• Market: Wilmington, MA

The sale of this industrial property was facilitated by the brokerage firm Cushman & Wakefield, with Philip Verre, Rob Byrne, and Pete Rogers representing both the buyer, Brookfield Properties, and the seller, Wilmington Cold Storage.