Boston & New England + Metro Boston + Industrial | May 26, 2020

Calare Acquires 25K-SF Industrial Facility in Stoneham

Calare Properties has acquired 95 Maple Street, a five-acre industrial facility with a 23,000-square-foot warehouse and a 2,200-square-foot garage in Stoneham. The sales price in the off-market transaction was not disclosed.

Located nine miles north of Boston, the facility is currently fully leased to healthcare provider Beth Israel Lahey Health.

“95 Maple Street sits within the highly active Boston North sub-market and benefits from immediate access to Route 93,” said Todd Barclay, VP of Acquisitions at Calare. “We saw tremendous value in the fully leased property to a high quality tenant and long term potential given the optionality of its prime location.”

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen

Connect

Inside The Story

Connect With Calare’s Barclay

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.

Order Reprints