Rockpoint Acquires Uxbridge Distribution Center From Bob Scannell For $120 Million

The asset involved in this transaction is an industrial property located at 40 Lackey Dam Road in Uxbridge, MA. The property encompasses 70 acres and features a total square footage of 607,000. The transaction was completed for a sale price of $120,000,000, translating to a price per square foot of $198.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $120,000,000
• Square Footage: 607,000
• Address: 40 Lackey Dam Road
• Market: Uxbridge, MA
• Seller: Bob Scannell - Scannell Properties
• Buyer: Rockpoint

This acquisition marks a significant expansion of Rockpoint's industrial holdings, particularly as it relates to the Uxbridge Distribution Center. The deal represents the largest property sale in Central Massachusetts since 2020.