WRENTHAM, Mass. — Lincoln Property Company has signed a major industrial lease at 315 Green Street in Wrentham, Massachusetts, as demand remains strong for modern, high-performance logistics and manufacturing space.
The firm announced it has leased 71,350 square feet at the Class A facility to Fairbanks Morse Defense, a provider of mission-critical equipment for naval defense operations. Lincoln developed the high-bay warehouse in partnership with Stockbridge, a real estate investment management firm.
Fairbanks Morse Defense will use the space to consolidate multiple operations—including warehousing, manufacturing, repair and testing—into a single location. The move is expected to streamline operations and support the company’s continued expansion across the Northeast.
James Tambone, senior vice president at Lincoln Property Company, said the deal reflects a broader trend among tenants seeking newly constructed facilities with modern features and strong transportation access.
The building offers 32-foot clear heights and 3,000 amps of power, along with a location less than a mile from Interstate 495. Its proximity to the tenant’s existing operations in Walpole also played a key role in the site selection. Occupancy is expected in the fourth quarter of 2026.
Fairbanks Morse Defense was represented in the lease by Kelly Sullivan and Rachel Igoe of Cushman & Wakefield. Lincoln handled leasing on behalf of ownership, with Ellison Patten and Tambone leading efforts for Stockbridge.
Following the transaction, approximately 105,450 square feet remains available at the property. The remaining space includes 2,500 square feet of spec office buildout, as well as 24 tailboard dock positions and 29 trailer parking spaces.
Lincoln Property Company is one of the largest privately held real estate firms in the United States, with a broad platform spanning multiple asset types and more than 720 million square feet under management and leasing. Stockbridge, founded in 2003, manages real estate investments across a wide range of strategies and property types, with $37.4 billion in assets under management as of the end of 2025.
