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Construction Supplier Carpenter & Paterson Expands to 28K SF in North Reading
Avison Young’s Boston office has negotiated a transaction for Carpenter & Paterson, Inc., to take 28,800 square feet of industrial space at 35 Concord Street in the Boston submarket of North Reading, MA. The bigger space will act as a logistics hub for wholesale distribution, storage and sales for the construction industry supplier
Chris Reilly and Thomas Aitken of Avison Young represented C&P; Ben Roopenian represented the landlord, Brookfield Properties.
35 Concord Street is part of a four-building, 273,000-square-foot infill logistics park spread across 40 acres. The industrial market north of Boston remains extremely popular with e-commerce and last-mile fulfillment tenants, according to Avison Young, pushing rental rates higher and broadening the geographical preferences of companies to locate a suitable property.
- ◦Lease