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Boston & New England  + Metro Boston  + Industrial  |  July 27, 2023
Emily Fu
By: Emily Fu

Marcus Partners Sells Boston Metro Logistics Portfolio for $167M 

RE investment firm Marcus Partners has announced the sale of its Boston Metro Logistics Portfolio for $167 million.  

The portfolio consists of six warehouse and distribution buildings located in Greater Boston, including 176, 206 and 210 Grove Street in Franklin, 17 Gilmore in Sutton, 1 First Avenue in Peabody, and 57 Littlefield Street in Avon, MA. Marcus Partners assembled the portfolio through various transactions between 2019 and 2021.  

The development site was created by combining land area from two adjacent properties (210 and 176 Grove Street) that were acquired through separate transactions. CBRE represented the seller and procured the buyer with a team led by Chris Skeffington, Scott Dragos and Roy Sandeman.  

Read More News Stories About: CBRE
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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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