CRG has plans develop The Cubes at Plainville, a 662,500-square-foot speculative warehouse facility at 27 Cross Street in Plainville, Mass., approximately 25 miles southwest of downtown Boston. The new warehouse will add much needed space to the supply-constrained industrial landscape of the Greater Boston region. CRG expects to deliver the state-of-the-art facility in third quarter 2022.
The property is located in the South submarket of Greater Boston. The new-construction, best-in-class facility will be minutes from Routes 495 South and 1A, offering immediate access to Interstates 95, 90 and 93. According to Newmark Knight Frank, the Boston industrial market has dipped below 2 percent vacancy during the past 24 months. With demand continuing to reach all-time highs, Newmark reports more than 20 million square feet of active requirements in the market. But strong barriers to entry in the Greater Boston market, such as permitting hurdles, lack of suitable sites and building m
