JLL arranges $36M sale of FedEx industrial terminal in Greater Boston
United States, Nov. 6 -- JLL Capital Markets announced today the $36 million sale of a 54,504-square-foot industrial service facility located at 300 Bartlett St. in Northborough, Massachusetts.JLL represented the seller, NorthBridge Partners, in the off-market transaction. LaSalle Investment Management acquired the asset.Situated on approximately 25 acres, 300 Bartlett Street is a fully leased truck terminal occupied by FedEx Freight. Originally developed as a build-to-suit property for FedEx, the asset was recently expanded to encompass 54,504 square feet and now includes a cross-dock freight terminal, maintenance facility and supporting operational space.The property features 76 dock doors, 309 trailer parking positions and 116 employee p...
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