Massachusetts

MIDDLEBOROUGH, MASS. — INDUS, a locally based roadway rehabilitation and pavement preservation contractor, will open a 75,000-square-foot headquarters facility in Middleborough, located south of Boston. INDUS purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., earlier this year for $11.6 million. Design work is underway on the facility, which will include 7 acres of outdoor storage space and will also function as a consolidated hub of field operations, bringing 20 permanent new jobs to Middleborough. CBRE is the leasing agent for The Campus at Canopy Drive.

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WRENTHAM, MASS. — Fairbanks Morse Defense, a provider of maritime engineering and manufacturing solutions, has signed a 71,350-square-foot industrial lease in Wrentham, located along the Massachusetts-Rhode Island border. The space is located within the 176,800-square-foot building at 315 Green St., which features a clear height of 32 feet. Kelly Sullivan and Rachel Igoe of Cushman & Wakefield represented the tenant, which plans to take occupancy in the fourth quarter, in the lease negotiations. Ellison Patten and James Tambone of Lincoln Property Co. internally represented the landlord, which developed the building in partnership with real estate private equity firm Stockbridge.

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BOSTON — A partnership between Pennrose and the Hyde Square Task Force (HSTF) has broken ground on a 55-unit affordable housing redevelopment in the Jamaica Plain area of Boston. Designed by DiMella Shaffer, the project will convert the former 71,000-square-foot Blessed Sacrament Church, which was built in 1913 and closed by the Catholic Church in 2004, into a complex with studio, one- and two-bedroom apartments that will be reserved for residents earning 30 to 80 percent of the area median income (AMI). Six residences will also be set aside for formerly homeless residents, and the church’s nave will be repurposed into a multipurpose performance and gathering space for the Afro-Latin community. Completion is slated for late 2027.

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800-Salem-St.-Wilmington-Massachusetts

WILMINGTON, MASS. — JLL has brokered the sale of a 237,880-square-foot logistics facility located at 800 Salem St. in Wilmington, a northern suburb of Boston. Completed in 2025, the building features a clear height of 32 feet, 47 dock-high loading positions, two drive-in doors, 130-foot truck court depths, parking for 332 cars and 33 trailers, 8,200 square feet of office space and an ESFR sprinkler systems. Michael Restivo, David Coffman and Tommy Hovey of JLL represented the seller, a partnership between Camber Development and Wheelock Street Capital, in the transaction. Tom Sullivan and Matt Stewart, also with JLL, arranged a 10-year, fixed-rate acquisition loan on behalf of the undisclosed buyer.

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MIDDLEBOROUGH, MASS. — REXA Inc., a provider of engineered process control solutions, is nearing completion of a 110,000-square-foot manufacturing facility in Middleborough, located south of Boston. REXA purchased a parcel within The Campus at Canopy Drive, an approximately 700,000-square-foot development owned by VMD Cos., in fall 2025 for $6.6 million. The facility features a clear height of 28 feet and 20,000 square feet of office space. CBRE is the leasing agent for The Campus at Canopy Drive.

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WEYMOUTH, MASS. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Mass. The Weymouth City Council has unanimously approved the land reuse plan, which also was approved by the towns of Rockland and Abington. The State of Massachusetts has also expressed strong support for the redevelopment plan. The redevelopment will mark the largest residential and commercial project to date in Massachusetts, according to John Twohig, executive vice president of New England Development. In addition to the commercial and residential components, the proposed project will preserve more than 880 acres of open and restricted space that can be activated for both public recreational use and wildlife preservation. Situated about 16 miles south of Boston in Norfolk and Plymouth counties, the South Weymouth Naval …

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DANVERS, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the sale of an 80,000-square-foot retail building in Danvers, located about 20 miles northeast of Boston. The building sits on a 3.9-acre site along State Route 128 and was fully leased at the time of sale to Dick’s Sporting Goods. Eric Suffoletto, Joey Tagliente and Danny Griffin of ACP represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

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CAMBRIDGE, MASS. — Marcus & Millichap has brokered the $6.5 million sale of a 10-unit apartment building located across from Harvard University in Cambridge. Originally constructed in 1925, the 13,000-square-foot building at 23-25 Hammond St. offers one-, two- and five-bedroom apartments. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

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Enterprise-Research-Campus-Boston

BOSTON — A partnership between Harvard University and New York City-based real estate giant Tishman Speyer, as well as Tishman Speyer’s life sciences affiliate Breakthrough Properties, has completed Phase I of a mixed-use development in Boston’s Allston neighborhood. Known as the Enterprise Research Campus, the development’s initial phase spans 9 acres and features a 343-unit apartment community known as Verra, the 246-room Atlas Hotel, a two-building life sciences and lab complex, a conference center, 40,000 square feet of street-level retail and restaurants and 2 acres of open green space. The Enterprise Research Campus was first announced in summer 2023 and funded by $750 million in construction financing provided by a syndicate of lenders led by New York City-based Otera Capital.

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WILMINGTON, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the $7.7 million sale of a 53,679-square-foot shopping center in Wilmington, located north of Boston. Grocer McKinnon’s Market anchors the center, which was 91 percent leased at the time of sale. Justin Smith, Chris Peterson, Danielle Turpin and John Dixon of ACP represented the undisclosed seller in the transaction. The sale included 13.6 undeveloped, residential-zoned acres situated directly behind the center.

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