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Boston & New England  + Metro Boston  + Industrial  | 

Equus Acquires Class A Industrial Duo in Supply-Constrained Boston Submarket

An affiliate of Equus Capital Partners, Ltd. has acquired the 300,075-square-foot Centech Park North in Shrewsbury, MA for an undisclosed sum. The acquisition was completed through a programmatic joint venture.

Developed by NorthBridge Partners and completed in 2023, Centech Park North is comprised of two Class A industrial properties. The park is currently 100% leased to a diverse tenant roster spanning the life sciences, advanced manufacturing and commercial services sectors.

“Centech Park North represents a compelling opportunity to acquire a recently developed Class A industrial park in one of Greater Boston’s most supply-constrained and fundamentally strong industrial submarkets,” said Equus SVP Keith Hontz, who oversaw the acquisition with analyst Shane Mullen..He added that the park “aligns exceptionally well with our investment strategy of acquiring high-quality industrial assets positioned for long-term growth with the flexibility to accommodate large and small users alike given its shallow-bay configuration and ease of division.”

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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).

  • ◦Sale/Acquisition