JLL closes sale of Normac Road portfolio in Woburn

Benjamin Roopenian

BOSTON–JLL announced that is has closed the sale of a partially-leased, two-property multi-tenant industrial portfolio totaling approximately 65,000 square feet in the Boston-area community of Woburn, MA.

JLL procured the buyer, an institutional investor, in an off-market transaction.

The portfolio comprises industrial facilities at 3-15 and 16-24 Normac Road. The properties are located in the coveted 128 North Industrial submarket, which provides ease of access to Boston and other geographies via routes 128 and 93.

The Industrial Brokerage team leading the transaction included Vice President Benjamin Roopenian and Senior Vice Presidents Michael Ciummei and Joe Fabiano.