EIPOT Centech Logistics LLC Acquires 60-Acre Industrial Site In Shrewsbury For $75.1M

The asset involved in this transaction is an industrial property located at 384 South Street & 386 South Street in Shrewsbury, Massachusetts. The property spans 60 acres and has a total square footage of 300,075. The sale price for this industrial site was $75,100,000, translating to a price per square foot of $250.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $75,100,000
• Address: 384 South Street & 386 South Street
• Market: Shrewsbury, MA
• Acres: 60
• Square Feet: 300,075
• Price per Square Foot: $250
• Buyer: EIPOT Centech Logistics LLC
• Seller: Greg Lauze - Northbridge Partners

This transaction involved the transfer of Centech Park North from NorthBridge Partners’ NBPIII Shrewsbury LLC to EIPOT Centech Logistics LLC. The sale reflects ongoing investment in the Shrewsbury industrial market and highlights the activity in the region.