Realterm Acquires 7.2-Acre Industrial Outdoor Storage Facility in Milford, Massachusetts

by Taylor Williams

MILFORD, MASS. — Realterm, a Maryland-based investment manager focused on the transportation industry, has acquired a 7.2-acre industrial outdoor storage (IOS) facility in Milford, a southwestern suburb of Boston. The facility features a 14,240-square-foot maintenance building with nine drive-in shop doors, including four drive-through bays, a drive-through wash bay and a fueling station. At the time of sale, the facility was leased to moving company Ryder and trailer rental service PLM Fleet. The seller and sales price were not disclosed.

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