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Partnership Trio Breaks Ground on 267K-SF Speculative Industrial Facility in Leicester
The Brennan Group, John M. Corcoran & Company and equity partner Berkeley Partners have broken ground on Central Gateway, a subdividable 267,600-square-foot, speculative industrial facility in Leicester, MA.
Construction financing for the project at 90 Huntoon Memorial Highway is being provided by HarborOne Bank.
“The decision to proceed with the speculative development of Central Gateway was driven by strong market demand and our belief in the location of the site, which is central to all of New England, with excellent access to major highways,” said Peter Mahoney, Executive Vice President at JMC. “Demand for high quality industrial space — particularly subdividable space — remains strong.”
The facility can be subdivided to accommodate multiple tenants, and includes 36’ clear heights, 45 overhead doors and three drive-in doors, with 299 vehicle parking spaces and 59 trailer/van parking stalls and as build-to-suit office space.
Leasing will be handled by the Newmark and Kelleher & Sadowsky Associates.
- ◦Development
