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DH Property Holdings Acquires Avon Industrial Asset, Brings Boston Tally to $120M
DH Property Holdings, LLC, has acquired an industrial property located at 54 Bodwell Street in Avon, MA. The transaction marks DHPH’s fourth industrial acquisition in the Boston market over the past year and increases its total capitalization in Boston to $120.3 million across 433,450 square feet of space.
Brandon Hertz of Hertz Realty Group arranged the transaction.
The 4.64-acre site accommodates a 70,337-square-foot warehouse facility with 85 parking spaces, 13 loading docks and two drive-in doors with 16’ clear ceiling heights. DHPH plans a capital expenditure program to enhance functionality.
54 Bodwell Street is in the same park as 61 Strafello Drive, DHPH’s recently acquired 4.5-acre site with 60,000-square-foot facility.
“The Boston market has seen accelerating demand amid a steadily decreasing supply of suitable Class-B industrial spaces with extremely limited site options for development,” said DHPH founder and principal Dov Hertz. “Our team remains focused on delivering highly functional logistics facilities in challenging urban-core locations.”
- ◦Sale/Acquisition
