BentallGreenOak Acquires Industrial Property In Wilmington, MA For $40M

Industrial property located at 200 Research Drive in Wilmington, MA was recently sold for a price of $40,000,000. The property spans across 151,800 square feet, resulting in a price per square foot of $264. The sale took place on March 26, 2021.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $40,000,000
• Address: 200 Research Drive, Wilmington, MA
• Market: Wilmington, MA
• Seller: Novaya Real Estate Ventures - Karl H. Trieschman
• Buyer: BentallGreenOak - Sonny Kalsi
• Broker: CBRE

The seller of the property was Novaya Real Estate Ventures represented by Karl H. Trieschman. On the other hand, BentallGreenOak, represented by Sonny Kalsi, acted as the buyer in this transaction. CBRE served as the broker for this deal.