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FoxRock Stocks Portfolio with 166K-SF Cold Storage Asset in Brattleboro
Quincy, MA-based FoxRock has acquired a 165,611-square-foot industrial building located at 90 Technology Drive in Brattleboro, VT.
The property sits on 48.5 acres of land one mile off interstate 91 and is 100% leased to two tenants: New Chapter, a vitamin- and supplement-focused subsidiary of Proctor & Gamble and UNFI, a wholesale grocery distributor.
“This acquisition marks the continued growth of FoxRock’s portfolio, both in terms of size and geography,” says Bryan Giudicelli, director of business development at FoxRock. “And we plan to continue that growth in our home market of MA as well as other fast-growing sub-markets in NH, ME, RI, VT and CT.”
“This is a high-quality property with additional expansion potential,” Giudicelli continues. “We look forward to hopefully expanding the building and bringing more jobs to Brattleboro.”
For industrial and manufacturing properties, FoxRock focuses on burgeoning secondary markets that have a strong local workforce and robust tenant demand.
- ◦Sale/Acquisition
