Boston-based real estate private equity firm Rockpoint acquired Uxbridge Distribution Center, a 607,000-square-foot industrial distribution facility located on a 70-acre site in Uxbridge, MA. Although Rockpoint didn’t disclose terms, the Worcester Business Journal reported the acquisition at $120 million.

Completed in 2023, the cross-dock facility is located in the Worcester submarket less than an hour from both Providence and Boston. The location provides access to both of Massachusetts’ primary distribution corridors and the surrounding labor talent markets. Approximately 73% of the space is occupied with a long-term lease.

“As we grow our industrial portfolio, this newly constructed, high-quality property represents a compelling investment opportunity in a high barrier-to-entry market that we know well,” said Fred Borges, senior managing director at Rockpoint. “Greater Boston has experienced consistent industrial rent growth, driven by strong demand for preeminent space and a range of factors limiting the production of new supply, including a limited number of suitable, well-located sites.”

Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!