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Boston & New England  + Metro Boston  + Industrial  | 

JLL Arranges M&T Acquisition Loan on Fully Leased Avon Industrial

 JLL Capital Markets arranged $15.1 million in acquisition financing for a two-property industrial portfolio totaling 129,380 square feet in Avon, MA. Managing director Amy Lousararian and analyst Anthony Nakhle worked on behalf of the borrower, Vigilant Real Estate Holdings, to secure a five-year, fixed-rate loan through M&T Bank. 

The properties at 20 and 40 Ledin Dr. were purchased for $22.65 million and are fully leased to Waste Management, North America’s largest provider of comprehensive environmental and waste services. Located within Avon Industrial Park, the buildings feature 15 loading docks combined with ceiling heights ranging from 17 to 32 feet across 6.56 acres of land.

“The acquisition of 20 and 40 Ledin reinforces our high conviction in credit-leased infrastructure assets in core locations,” said David Fowler, Vigilant managing principal. “Anchored by Waste Management under a long-term lease, the asset aligns with our focus on mission-critical uses.”

Don’t miss Carter Andrus, Chief Operating Officer of Prologis, as the keynote interview at Connect Industrial Midwest— taking place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, IL.

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JLL's Lousararian

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Financing
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