Rockpoint has purchased Uxbridge Distribution Center, a high-quality industrial distribution facility located on a 70-acre site in Uxbridge, Mass. Financial terms of the transaction were not disclosed.
Completed in 2023 and comprising more than 607,000 square feet, the cross-dock industrial distribution facility is located in the Worcester submarket, less than an hour from both Providence, R.I., and Boston. The location provides convenient access to both of Massachusetts’ primary distribution corridors and the surrounding labor talent markets. The property includes ample parking spaces, outdoor storage, and built-in flexibility to accommodate single- and multi-tenant configurations. Approximately 73 percent of the space is occupied with a long-term lease. The remaining vacant space is in shell condition and includes sought-after adjacent outdoor storage and a parking field.
“As we grow our industrial portfolio, this newly constructed, high-quality property represen