Construction begins on $30M Bellingham warehouse
Photo | Courtesy | Lincoln Property Co.
Barings, a financial services firm, and Lincoln Property Co., a Boston property management company, have begun construction of a sprawling distribution building in Bellingham.
Work has begun on a $30-million, 345,000-square-foot distribution facility in Bellingham without any tenants lined up.
The so-called on-spec project began with a groundbreaking ceremony Thursday, adding the site at 160 Mechanic St. (Route 140) to a growing list of warehouses and other industrial space in Franklin.
Others include a Garelick Farms distribution facility just over a mile to the east down Route 140, as well as the paper distributor Lindenmeyr Munroe, the building material supplier BlueLinx, and the retailer Mattress Firm. A new facility just over a mile away on Maple Street is shared by the convenience store chain 7-Eleven and the snack maker Snyder's-Lance.
The new facility at 160 Mechanic St., called Lincoln Logistics 36, will include 70 dock doors. It is expected to be completed by the fall of 2020.
It is being built by site owner Barings, a financial services firm with local offices in Glastonbury, Conn., and Lincoln Property Co., a Boston property management company.
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