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TCC/Diamond Realty JV breaks ground on 323,750-sf industrial development in New Hampshire
Trammell Crow Company and joint venture partner Diamond Realty Investments broke ground on 50 Robert Milligan Parkway (50 RMP); an official ceremony was hosted on May 18. Construction is now under way on the 323,750-square-foot class A industrial building, which will deliver in fourth quarter 2023. The joint venture closed on the land for the development in December 2022.
“50 Robert Milligan Parkway will deliver much-needed quality industrial and logistics space to the supply-constrained Greater Boston Industrial market,” said Sam Schaefer, principal and market leader for TCC Boston. “The property is ideal for a variety of users that want to expand in the Northeast region. The site’s proximity to the Ayer Intermodal freight system, as well as the cargo hub at the Manchester-Boston Regional Airport, are just two of the attributes that will set this development apart from others in the market. We look forward to working with our project partners to deliver 50 RMP later