CBRE represents GFI Partners in the sale of $ 18 million of industrial property to Woburn
Woburn, Massachusetts – CBRE announced that it has arranged the sale of a 66,225 square foot industrial property located at 225 Wildwood Avenue in Woburn, Massachusetts. Based in San Francisco Berkeley Partners acquired the asset for $ 18 million.
The CBRE team of Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony hayes, Roy Sandeman, Tim Mulhall and Dan Hines led the marketing campaign and arranged the sale on behalf of the seller, GFI Partners.
“The dynamics of the industrial market have enabled GFI Partners to make a return on this industrial investment. The buyer continues to aggressively buy assets in the market, ”said Doug Jacoby, executive vice president of CBRE.
225 Wildwood Avenue is located half a mile from the I-93 and Route 128 interchange, providing convenient access to the Woburn Mall and nearby hotels, restaurants and amenities. Plus, the property is less than 14 miles from Boston Logan International Airport.
The flex property offers clear ceiling heights of 17.5 to 23 inches, six docks and exceptionally flexible space. 225 Wildwood Avenue is fully leased to three tenants: Lakeshore Cyrotronics, American ULT Cryogenics and Primaira.