Berkeley Partners Buys Three Greater Boston Industrial Properties Totaling for $43.3 Million

BOSTON – The CBRE Boston Capital Markets team announced the sale of 417 South Street in Marlborough for $14,200,000, and 385 Myles Standish Boulevard in Taunton and 431 Washington Street in Franklin for $29,100,000.

CBRE’s Boston Capital Markets team includes Scott Dragos, Doug Jacoby, Chris Skeffington, Roy Sandeman, Anthony Hayes, Timothy Mulhall and Daniel Hines. For the sale of 417 South Street, CBRE’s Boston Capital Markets team represented the seller, Calare Properties, and procured the buyer, Berkeley Partners.

For the sale of 385 Myles Standish Boulevard and 431 Washington Street, CBRE’s Boston Capital Markets team represented the seller, GFI Partners, and procured the buyer, Berkeley Partners.

“We are extremely grateful for the opportunity to have represented Calare Properties on the sale of 417 South Street,” stated CBRE’s Sandeman. “After purchasing the asset vacant in 2011, Calare has successfully executed its business plan through the lease-up and disposition, and we are thrilled to have played our part in that process. The team at Calare, once again, was an absolute pleasure to work with.”

“We are delighted to have represented GFI Partners on the successful sale of 431 Washington Street and 385 Myles Standish Boulevard,” stated CBRE’s Jacoby. “The GFI Partners team was a pleasure to …

 

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