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Berkeley Partners purchases two greater Boston flex-industrial properties
Transactions - OCTOBER 21, 2019

Berkeley Partners purchases two greater Boston flex-industrial properties

by Andrea Zander

Berkeley Partners has paid $14.55 million for two flex facilities in metro Boston.

The seller was The RAM Cos.

The assets are located at 734 Forest Street in Marlborough and 35 Dunham Road in Billerica, Mass.

Totaling 120,796 square feet of flex-industrial space, the two-building portfolio is 100 percent leased and offers a diverse mix of 10 tenants. The two buildings comprising the portfolio are both one-story multi-tenant assets built in 1984 and 1987 and are impeccably maintained. Located within the Metro West and Metro North suburban Boston industrial markets, 734 Forest Street and 35 Dunham Road are situated along Greater Boston’s major highways, and the portfolio is well-positioned to take advantage of its premier location.

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