November 16, 2015
Calare Properties purchases Canton industrial building
Courtesy Photo
95 Shawmut Rd. in Canton was recently purchased by Calare properties.
By Sam Bonacci
Hudson-based Calare Properties has purchased a fully-leased industrial flex building in Canton.
The 84,000-square-foot property, which last changed hands in 2008 for $5.7 million to Shawmut Park LLC, was purchased for an undisclosed amount by the real estate investment firm. The property is located at 95 Shawmut Road and is fully-leased to five tenants with a remaining average lease term of 5.5 years. The building has 22-foot clear ceiling heights, 18 dock doors, one drive-in door, and 305 on-site parking spaces.
“Our team at Calare was attracted to the 95 Shawmut Road asset due-in-part to the building’s physical quality and excellent access to major highways,” Bryan Blake, president of Calare, said in a statement.
WBJ Web Partners
Most Recent
Most Recent
0 Comments