BOSTON– JLL Capital Markets announced that it has arranged $92 million in financing for the Fordham Park Robotic and Logistics Campus, a fully leased, 393,911-square-foot, Class A industrial development in Wilmington, Massachusetts.
JLL secured the five-year loan on behalf of borrower Carlisle Capital Corporation through M&T Bank (NYSE: MTB).
Located at 100-110 Fordham Road, the three-building campus spans 40.1 acres and offers high-bay space tailored for robotics, research and development, and distribution. The property is fully leased to credit tenants across the e-commerce, warehouse automation/robotics, and semiconductor equipment/industrial automation sectors.
Strategically positioned off Interstate 93 (Exit 33), Fordham Park provides exceptional access to major distribution routes, including I-95 and I-495, enabling efficient connectivity to Boston and Southern New Hampshire. Its prime location continues to attract a wide range of industrial and R&D tenants seeking access to key logistics corridors.
Tom Sullivan, Senior Managing Director at JLL, led the Debt Advisory team.
“Fordham Park represents the premier robotics and logistics campus in Boston’s best industrial submarket,” said Sullivan. “The Sponsor’s execution of a complete re-positioning of the park created incredible leasing demand and made it one of the most unique financing opportunities for lenders in this environment. The northern Boston submarket continues to demonstrate strong fundamentals and remains a desirable location for industrial and R&D tenants.”
JLL Capital Markets is a global real estate capital solutions provider, with more than 3,000 specialists in nearly 50 countries, offering investment sales, debt and equity advisory, and recapitalization services.
