Calare Properties Sells 588,000 SF Industrial Property in Massachusetts for $31.5M

LEOMINSTER, MASS. — Calare Properties has completed the disposition of an industrial property located at 25 Tucker Drive in Leominster. An undisclosed buyer acquired the 588,000-square-foot building for $31.5 million. Situated on 24 acres, the manufacturing, distribution and office property is fully occupied by Affordable Interior Systems. Calare Properties, in partnership with Fir Tree Partners, originally acquired the property in 2012.