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Boston & New England  + Metro Boston  + Industrial  | 

B&D Holdings Lands $10M Acquisition Debt for Boston-Area Industrial

JLL Capital Markets arranged $10.1 million in aggregate financing for the acquisition of two industrial facilities totaling over 64,000 square feet near Boston. Senior director Max Custer, managing directors Amy Lousararian and Thomas E. Didio Jr., associate Chris Barry and analyst Christian Badalamenti worked on behalf of the borrower, B&D Holdings, to secure the fixed-rate loans through two Boston-area banking institutions.

The portfolio includes a 34,100-square-foot specialized cold storage and freezer facility at 1668 Shawsheen St. in Tewksbury, MA. Built in 2000, it is fully occupied by Walden Local Meats.

The second property is a 30,360-square-foot industrial facility at 45 Research Dr. in Haverhill, MA. The single-story industrial building was built in 1982 and sits on a 7.0-acre parcel in the Lawrence/Andover submarket.

“We continue to see ample liquidity within the capital markets for well-located industrial properties managed by quality borrowers such as B&D Holdings,” said Custer.

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Inside The Story

Max Custer

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
  • ◦Financing
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