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Boston & New England  + Industrial  |  September 19, 2019
David Cohen
By: David Cohen

ABG Commercial Arranges $23M Sale of Boynton Yards Industrial Facility

Cambridge-based ABG Commercial has brokered the $23 million sale of the office and industrial headquarters site of moving company Gentle Giant in Boynton Yards. Bernard Gibbons of ABG represented the undisclosed seller in the transaction. The buyer was DLJ Real Estate Capital Partners.

Located at 29 Harding St., the three-acre property is comprised of administrative offices, storage space and parking lots. The site is part of the larger Boynton Yards redevelopment in Somerville, a mixed-use district comprised of lab, office, multifamily, retail and community arts space.

“With the in-migration of tech and life science tenants to the Boston and Cambridge markets exerting upward pressure on rents, Somerville and Boynton Yards are poised to be viable alternatives for companies in the knowledge industries seeking amenitized space at a more reasonable price point,” said Gibbons.

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.
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