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JLL Arranges Sale of 50K-SF Industrial Facility in Malden
JLL has arranged the $7.3 million sale of a 50,000-square-foot industrial facility within a Qualified Opportunity Zone in the suburban Boston community of Malden. Michael Restivo and Matthew Sherry of JLL represented the seller, a private family, in the transaction. The buyer was real estate investment firm Eastern Real Estate.
Located on nearly two acres at 60 Winter St. in Malden, the property is adjacent to the Oak Grove Orange Line Station. The single-story facility is currently fully leased to Kansas City-based aerospace company Enjet Aero.
“Industrial continues to draw demand from both investors and tenants,” said Restivo. “Well-located, functional facilities like 60 Winter Street should continue to outperform, and we are pleased to have been involved in this transaction.”
Connect with JLL’s Restivo
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