Realterm Logistics Acquires HFT Facility in Boston

5.30.2019

Realterm Logistics closed on the acquisition of 9 Lakeland Park Drive, a well-located, 36,805 SF High Flow-Through (HFT) facility in Peabody, MA. The facility is ideally situated between I-95 and Route 1 with quick access to I-93, providing a large consumer base for the tenant’s operations. The facility is fully leased.

Highlights of the property include: 

  • 4.68 acres
  • 30,740 SF of warehouse
  • 4,085 SF of office
  • Doors: 6 Drive-In and 2 Dock-High

"We are excited to add this property, which offers excellent functionality for a wide variety of final-mile operations serving the Boston region, to the RLF II portfolio," said Derek Fish, VP of Acquisitions.

Alexander Harrold of Matthews Real Estate Investment Services represented the seller.

 


Derek Fish

Vice President, Acquisitions

Phone: 410.216.6133
Email: dfish@realterm.com

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Tyler Mordas

Acquisitions, Eastern Region

Phone: 312.724.9799
Email: tmordas@realterm.com