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Boston & New England  + Metro Boston  + Industrial  | 

Berkeley Investments Snags 340K-SF Industrial Portfolio in Lawrence

Boston-based full-service real estate investment and development company Berkeley Investments has acquired a two-property light industrial portfolio in Lawrence, MASS. The sales price was not disclosed.

The two properties are located at 246 and 250 Canal St. and were originally built as commercial mills. Built in 1926, 250 Canal St. consists of 317,000 square feet of rentable building area. The property at 246 Canal St. was built in 1930.

Berkeley Investments purchased the portfolio from seller, Andrea Management.

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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.

  • ◦Acquisition