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Boston & New England  + Metro Boston  + Industrial  |  January 12, 2022
Newmark has completed the $52-million sale of 125 Goddard Memorial Drive, a last-mile distribution facility located in Worcester, MA
Lisa McDuffie
By: Lisa McDuffie

West Coast Buyers Head East for $18M Woburn Industrial Property Purchase

CBRE has arranged the $18 million sale of a 66,225-square-foot industrial property located on Wildwood Avenue in Woburn, MA. San Francisco-based Berkeley Partners acquired the asset.

The CBRE team of Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines arranged the sale on behalf of the seller, GFI Partners. 

“The dynamics of the industrial market provided GFI Partners an opportunity to realize a profit for this industrial investment,” said CBRE EVP Jacoby.  The buyer continues to aggressively purchase assets in the marketplace.”

The flex property offers 17.5-23′ clear ceiling heights, six docks and flex space. 225 Wildwood Avenue is fully leased to three tenants: Lakeshore Cyrotronics, American ULT Cryogenics and Primaira.

225 Wildwood Avenue is located a half mile from the interchange of I-93 and Route 128 and less than 14 miles from Boston Logan International Airport.

Read More News Stories About: CBRE
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Inside The Story

CBRE’s Jacoby

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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