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Transactions - JULY 12, 2024

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NorthBridge Partners secures $27.8m in post-closing acquisition financing for Greater Boston industrial portfolio

by Denise Moose

NorthBridge Partners has secured $27.8 million in financing for a four-building industrial portfolio totaling more than 300,000 square feet across the Greater Boston MSA.

JLL represented NorthBridge Partners and arranged non-recourse acquisition financing through Bristol County Savings Bank.

The portfolio is 100 percent leased and comprises a variety of single-tenant warehouse, distribution and manufacturing buildings. The four properties are located in well-established, master-planned industrial parks and feature high-quality infrastructure with ample loading docks and power capacity, abundant parking and efficient layouts.

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