Real estate investment, management and development firm Marcus Partners has acquired a four-building warehouse and distribution portfolio in metro Boston for an undisclosed price. The portfolio totals 899,755 square feet.

The four properties include 176 Grove St. in Franklin, 326 Ballardvale St. in Wilmington, 1 First Ave. in Peabody, and 57 Littlefield St. in Avon. The seller was not disclosed. Marcus Partners now owns more than two million square feet of industrial product in the greater Boston area.

“Greater Boston’s warehouse/distribution sector is significantly supply-constrained relative to other parts of the country and continues to demonstrate strong tenant demand,” said Ryan McDonough, Marcus Partners’ Boston Regional Director.

“This strategic purchase expands our presence and provides an attractive balance of secure in-place cash flow with an opportunity to pursue multiple value-add strategies; most notably through the development of excess land.”

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