Bain Capital Partnership Snaps Up Winchester Industrial
JLL closed the $19.35-million sale of, and arranged $13.32 million in acquisition financing for, 45 Holton St., a 180,000-square-foot, fully leased warehouse in the Boston-area community of Winchester, MA.
JLL represented the seller, JG Holt Limited Partnership, and procured the buyer, a partnership between Boston-based firms Bain Capital Real Estate and Oliver Street Capital, in an off-market transaction. Additionally, working on behalf of the new ownership partners, JLL facilitated debt financing for the transaction with Harbor One Bank.
The sales and leasing team representing the seller included senior director Matt Sherry; managing directors Jamey Lipscomb, Chris Decembrele and Chris Lawrence; and assistant VP Zach Gramlich. The capital markets debt placement team advising the borrower was led by senior director Brett Paulsrud and associate Sam Campbell.
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