CBRE Represents GFI Partners in $18 Million Sale of Industrial Property in Woburn

0
1014
225 Wildwood Avenue, Woburn

Woburn, MA — CBRE announced it has arranged the sale of a 66,225 sq. ft. industrial property located at 225 Wildwood Avenue in Woburn, Massachusetts. San Francisco-based Berkeley Partners acquired the asset for $18 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, GFI Partners.  “The dynamics of the industrial market provided GFI Partners an opportunity to realize a profit for this industrial investment. The buyer continues to aggressively purchase assets in the marketplace,” said CBRE executive vice president Doug Jacoby.  225 Wildwood Avenue is located a half mile from the interchange of I-93 and Route 128, providing convenient access to Woburn Shopping Mall and nearby hotels, restaurants and amenities. Additionally, the property is less than 14 miles from Boston Logan International Airport. The flex property offers 17.5-23′ clear ceiling heights, six docks and exceptionally flexible space. 225 Wildwood Avenue is fully leased to three tenants—Lakeshore Cyrotronics, American ULT Cryogenics and Primaira.

Advertisement