JLL has closed the sale of a fully leased, four-property multitenant industrial portfolio totaling approximately 286,000 square feet along with a one-acre land parcel in the Boston-area community of North Reading, Mass.
Financial terms were not disclosed.
JLL procured the buyer, an institutional investor, in an off-market transaction.
The portfolio comprises industrial facilities at 23, 29, 35–37 and 45 Concord St. and an adjacent land parcel. The properties are located in the 128 North Industrial submarket, which provides ease of access to Boston and other geographies via routes 128 and 93.
