Boston & New England + Metro Boston + Industrial | April 23, 2020

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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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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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