BOSTON— Marcus Partners announced the assembly of a new light industrial portfolio in the Greater Boston area, marking the latest phase in the firm’s targeted strategy to acquire and modernize well-located, multi-tenant industrial properties.
The newly acquired portfolio includes 275 and 330 Hopping Brook Road in Holliston, MA, and 77 Accord Park Drive in Norwell, MA, totaling 168,480 square feet across six buildings.
This latest move complements Marcus Partners’ broader investment focus on light industrial assets, following the firm’s acquisition of a 1.2 million-square-foot, 25-building portfolio in Southern New Jersey and Bucks County, Pennsylvania in late 2024.
“We see significant appeal in light industrial properties that present an opportunity to be updated and tailored to meet modern tenant needs,” said Chris Legocki, Senior Vice President, Investments at Marcus Partners. “Our strategy capitalizes on strong demand for smaller-scale industrial spaces of institutional quality and caters to location-sensitive, regional industrial tenants that are underserved by new construction supply and often displaced by redevelopment of infill light industrial properties for alternate uses.”
- Portfolio Highlights:
275 and 330 Hopping Brook Road, Holliston, MA:
Built in 2013 and 2005 respectively, these two buildings are fully leased to 10 tenants. The acquisition was financed by Cambridge Savings Bank. - 77 Accord Park Drive, Norwell, MA:
This four-building light industrial campus was constructed in 1983 and is currently 78% leased to 13 tenants. The acquisition was completed in partnership with Rhino Capital and financed by Middlesex Savings Bank.
All three properties were acquired in May 2025 from long-term original owners, highlighting Marcus Partners’ focus on under-managed or under-capitalized assets with upside potential through modernization and efficient operations.
By investing in properties that serve dense population centers to the west and south of Boston, Marcus Partners aims to offer improved facilities and operational support for regional tenants seeking to remain close to their customer base.
This portfolio expansion reinforces Marcus Partners’ ongoing commitment to identifying opportunities within the light industrial sector, a niche that continues to experience robust demand as supply remains constrained and redevelopment pressures intensify in core markets.
