Investcorp & Jumbo Capital Acquire Industrial Property In Franklin, MA From Franchi For $37.5M

A 206,220 square foot industrial property located at 25 & 40 Kenwood Circle in Franklin, MA has been sold for a total transaction amount of $37,500,000. The property was sold by Franchi to Investcorp & Jumbo Capital. Colliers International represented both parties in the transaction, with brokers Frank Petz, Matthew Sherry, Rob Schlesinger, and Jack Barrett facilitating the deal.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $37,500,000
• Address: 25 & 40 Kenwood Circle, Franklin, MA
• Market: Franklin, MA
• Square Footage: 206,220
• Price per Square Foot: $182

The sale of this industrial property marks a significant transaction in the Franklin, MA market. Investcorp & Jumbo Capital, the buyers in the deal, have added this property to their portfolio, expanding their presence in the industrial sector. On the other hand, Franchi, the seller, has successfully concluded this transaction, leveraging the expertise of Colliers International and their team of brokers, namely Frank Petz, Matthew Sherry, Rob Schlesinger, and Jack Barrett.