AEW Capital Management & Oliver Street Capital Acquire Industrial Property In Wilmington, MA From Crystal Motors For $14.8M

The industrial property located at 25 Industrial Way in Wilmington, MA has been sold in a closed transaction. The property spans 120,000 square feet and was sold for a price of $14,850,000, resulting in a price per square foot of $124. The sale took place on November 13, 2020.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $14,850,000
• Address: 25 Industrial Way, Wilmington, MA
• Market: Wilmington, MA

The seller of the property was Crystal Motors, while the buyer was AEW Capital Management & Oliver Street Capital, represented by Jon Hyde. The brokerage services for the transaction were provided by Christopher Decembrele of JLL.