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.”
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