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Boston & New England  + Massachusetts  + Industrial  |  May 17, 2024
Emily Fu
By: Emily Fu

King Street Properties Secures Loan for Devens Industrial Building 

King Street Properties has secured a construction loan for 75 Jackson Road, an addition to its Pathway Devens campus in Devens, MA. The new building will provide 210,000 square feet of manufacturing space, joining tenants like Electric Hydrogen, Azzur Group, and Ascend Elements. First Citizens Bank and Berkshire Bank provided the financing. 

“Devens has become a destination for the true drivers of the economy here in Massachusetts. The confidence in this market, the growth of the advanced manufacturing sector and the demand for GMP space are all reasons we are able to secure a loan for this project,” says Tyson Reynoso, King Street managing director & partner.  

Construction is set to begin soon, with completion expected in Q3 2025. This will be King Street Properties’ fourth advanced manufacturing building at Pathway Devens. 

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Tyson Reynoso,

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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