Avison Young’s Chicago-based Capital Markets team sells 148K SF facility in Devens
REJournals.com, Posted: October 17, 2014
By: Staff Writer
Avison Young‘s Chicago office announced the sale of a fully-occupied, 184,000-square-foot corporate distribution facility outside of Boston, MA. Exeter Property Group purchased the building from an institutional asset manager for an undisclosed amount.
The team representing ownership was Erik Foster and Mike Wilson, Chicago-based practice leaders of the firm’s Industrial Capital Markets Group, along with Principals Michael Smith and Scott Jamieson and Senior Vice President Brandon Dickason from the firm’s Boston based Capital Markets Group, and William Sullivan, a Vice President in the Boston industrial leasing practice.
The state-of-the-art building at 235 Barnum Road in Devens, Mass. is 100 percent leased and occupied by Quiet Logistics, a national leader in e-commerce fulfillment solutions.