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176, 206 & 210 Grove Street, 17 Gilmore Drive, 1 First Avenue & 57 Littlefield Street
SOLD

Marcus Partners Sells Boston Metro Logistics Portfolio In Greater Boston For $167M

176, 206 & 210 Grove Street, 17 Gilmore Drive, 1 First Avenue & 57 Littlefield Street

Industrial
clock iconSold 300 days ago
Scott Dragos
Roy Sandeman
Chris Skeffington
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Summary

Sale
MASSACHUSETTS
Industrial

Marcus Partners has announced the sale of their Boston Metro Logistics Portfolio, comprising six warehouse and distribution buildings in Greater Boston, for a total price of $167 million. The portfolio includes properties located at 176, 206, and 210 Grove Street, 17 Gilmore Drive, 1 First Avenue, and 57 Littlefield Street. These industrial assets offer ample space for storage and distribution activities.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $167,000,000
  • Address: 176, 206 & 210 Grove Street, 17 Gilmore Drive, 1 First Avenue & 57 Littlefield Street
  • Market: Franklin, Sutton, Peabody & Avon, MA
  • Seller: Marcus Partners - Ryan McDonough
  • Brokers: Chris Skeffington, Roy Sandeman & Scott Dragos - CBRE

The sale was facilitated by the CBRE brokerage team represented by Chris Skeffington, Roy Sandeman, and Scott Dragos. Their expertise in the Boston Metro area played a significant role in securing the transaction. Marcus Partners' decision to sell the portfolio demonstrates their strategic move to unlock value from their assets.

Players

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    4

  • Agents

    3

  • Agencies

    1

Scott Dragos's profile picture
Scott Dragos
CBRE-image
Executive Vice President
$1.2B Sold

Details

Deal Summary
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SOLD
IMAGE: Roy Sandeman, Scott Dragos & Chris Skeffington DATE: 07/27/2023 ADDRESS: 176, 206 & 210 Grove Street, 17 Gilmore Drive, 1 First Avenue & 57 Littlefield Street MARKET: Franklin, Sutton, Peabody & Avon, MA ASSET TYPE: Industrial SELLER: Marcus Partners - Ryan McDonough BROKERS: Chris Skeffington (@CSkeff3), Roy Sandeman (@RoySandeman) & Scott Dragos - CBRE (@CBRE) SALE PRICE: $167,000,000 NOTE: Marcus Partners has announced the sale of their Boston Metro Logistics Portfolio, comprising six warehouse and distribution buildings in Greater Boston, for $167 million.

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Address176, 206 & 210 Grove Street, 17 Gilmore Drive, 1 First Avenue & 57 Littlefield Street

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