Sagard Real Estate, formerly EverWest Real Estate Investors, has acquired a 66,970-square-foot industrial facility at 8 Roessler Rd. in Woburn, MA. Deal terms were not disclosed.
The property is located in one of Greater Boston’s highest-performing industrial submarkets, according to Sagard. The Route 128 North submarket benefits from high barriers to new development and strong regional connectivity via I-95 and I-93.
Built in 1980, the property features functional specs such as 24-foot clear heights, LED lighting, a 150-foot truck court, and rail access. The facility provides five loading positions with capacity for additional positions if needed.
“8 Roessler offers the location, connectivity and market fundamentals we look for in high-quality industrial deals,” said Belah Terentjev, director of acquisitions, Northeast at Sagard. “The property’s functionality makes it a strong fit for our industrial portfolio and aligns with our strategy of investing in infill locations that support growth and long-term value creation.”
The post Sagard Real Estate Adds Woburn Property to Industrial Portfolio appeared first on Connect CRE.