BGO, Seyon Partner on Industrial Portfolio in I-495 West Submarket

Global real estate investment manager BGO and Boston-based Seyon have acquired a two-building, 134,413-square-foot industrial portfolio in Marlborough, MA, within the Boston metropolitan area. The acquisition continues to expand an existing relationship between BGO and Seyon focused on industrial investments in the Northeast.

Terms were not disclosed. The portfolio comprises 261 Cedar Hill St. and 753 Forest St., both single-story shallow-bay industrial buildings located in the I-495 West submarket. The properties feature functional layouts suited to a range of industrial, technology and advanced-manufacturing users. Together, the properties provide 17 dock doors, four drive-in doors and 353 parking spaces.

BGO and Seyon plan to undertake targeted capital improvements across the portfolio and actively manage leasing and tenant engagement. Seyon Management will provide day-to-day property management and construction management services for the joint venture, building on its existing management relationship with BGO.

“The Marlborough portfolio is a strong addition to our Greater Boston industrial footprint and reflects our continued focus on flexible, well-located assets that can serve a broad range of users,” said Kevin Yen, principal, BGO.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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