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Boston & New England  + Metro Boston  + Industrial  |  January 6, 2021
David Cohen
By: David Cohen

Woburn Industrial Facility Trades for $10M

JLL has brokered the $9.5 million sale of 8 Roessler Rd., a 63,000-square-foot, high-bay warehouse facility in Woburn, MA. The facility is currently fully leased.

Benjamin Roopenian, Michael Ciummei and Joe Fabiano of JLL represented the undisclosed seller in the transaction. The buyer was Oliver Street Capital.

“High-bay warehouse facilities like 8 Roessler Road, have become highly coveted assets for investors looking to capitalize on ecommerce-driven shifts in consumer behavior,” said Roopenian. “This deal speaks to the high desirability of well-located industrial property in Greater Boston.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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