CBRE brokers $23.73 Million Sale of Industrial Building in Billerica

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1858
900 Middlesex Turnpike

Billerica, MA – CBRE announced it has arranged the sale of a 91,649 sq. ft. industrial building located at 900 Middlesex Turnpike (Building 6) in Billerica, Massachusetts. The state-of-the-art facility was acquired by The Davis Companies for $23.73 million. The CBRE team of Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines spearheaded the marketing campaign and arranged the sale on behalf of the seller, The RAM Companies. Located within the highly sought-after Route 3 technology corridor just 30 miles north of downtown Boston, 900 Middlesex Turnpike is less than two miles from Route 3, three miles from the Interstate 95/Route 3 interchange and seven miles to Interstate 495, providing regional access to all of greater Boston’s major highway systems and population centers. Additionally, the property benefits from direct access to all of the retail, restaurants, service and lifestyle options located in and around the Burlington Mall. “The Davis Companies was a pleasure to deal with during this hotly contested offering process.  The Ram Companies executed this acquisition just three years ago, repositioned the asset nicely which resulted in this exceptional result.”Renovated earlier this year, 900 Middlesex Turnpike offers 30’ X 40’ column spacing, 26’ clear ceiling heights, four tailboard dock doors with levelers, and 268 parking spaces. The property is fully leased to ASM NEXX, a worldwide leading supplier of metallization advanced packaging deposition equipment, through May 2028.

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