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Berkeley Partners Acquires Two Flex Properties in Metro Boston for $15M
Berkeley Partners acquired two flex facilities in metro Boston for $14.5 million. The two properties are located at 734 Forest St. in Marlborough and 35 Dunham Rd. in Billerica.
Totaling 120,796 square feet of flex-industrial space, the two-building portfolio is fully leased and consists of a mix of 10 tenants. The two buildings comprising the portfolio are both one-story multi-tenant assets built in 1984 and 1987.
Scott Dragos, Doug Jacoby, Chris Skeffington, Roy Sandeman, Anthony Hayes, Timothy Mulhall and Daniel Hines of CBRE’s Boston Capital Markets team represented the seller, The RAM Cos., in the transaction.
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- ◦Sale/Acquisition