July 24, 2019
Calare Properties has sold South Street Business Park, a 145,600-square-foot industrial facility in Marlborough for $14.2 million.
Located at 417 South St., the 14-acre site features flexible floor plates, 20-foot ceilings, 15 loading docks, and more than 200 parking spaces. The tenants include IEP Technologies, BWT Pharma & Biotech, Mintra, and Metropolitan Warehouse & Delivery. Calare acquired the property in 2011 in shell condition through a foreclosure sale.
Scott Dragos, Doug Jacoby, Chris Skeffington, Roy Sandeman, Tony Hayes, and Dan Hines of CBRE represented Calare in the sale. The buyer was not disclosed.
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Tags: Industrial, Sale
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