Artemis Real Estate Partners and Calare Properties have sold two class A warehouse/distribution assets to Northbridge Partners.
The sale includes 19 Leona Drive and 139 Campanelli Drive in Middleborough, Mass.
19 Leona Drive serves as the corporate headquarters and primary northeast distribution center for Sager Electronics, an electronic components distributor. 139 Campanelli Drive serves as a distribution center for Stop & Shop, a dominant regional grocer with more than 400 stores across New England, New York and New Jersey.
19 Leona Drive and 139 Campanelli Drive are located within the Campanelli Business Park of Middleboro, a 220-acre, 1.5 million-square-foot industrial campus. By virtue of their positioning immediately off Interstate 495 and moments from the intersection of Routes 18, 28 and 44, the assets facilitate seamless access to key local and regional distribution corridors.
