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Boston & New England  + Industrial  | 
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JLL Arranges $12M Sale of Downtown Boston Industrial Property

JLL has brokered the $12.2 million sale of a 26,500-square-foot industrial property near downtown Boston.

Located at 202 Southampton St., the single-story facility features six loading docks, 29-foot clear heights, four drive-in doors and 33,000 square feet of excess parking with 150 spaces.

Michael Restivo of JLL represented the undisclosed seller in the transaction. Additionally, Brett Paulsrud and Sam Campbell of JLL arranged acquisition financing on behalf of the buyer, a partnership between Oliver Street Capital and Bain Capital Real Estate. The lender was Webster Five Centers Savings Bank.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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