A 32,500 SF single tenant flex industrial building located 1.2 miles from I-495 in the Town of Marlborough, MA. The investment represents the opportunity for Luzern to acquire a well located, highly functional building with a high credit tenant in a strong submarket generating value-add returns with a core-plus risk profile.
Given the strong location and ideal building size, the Project will be highly marketable and appealing to potential new tenants. Ideally located within minutes from access to I-495, Route-20, I-290 and I-90 the major road arteries of the Boston, MSA providing access to the affluent suburbs north and west of the City. Proximate to over 7M SF of office, lab, industrial and warehouse space representing the core of the I-495 West and North submarkets anchored by major corporations like TJX, GE Healthcare, Quest Diagnostics, Boston Scientific Worldwide HQ, Toshiba, Hologic, Whole Foods, and Wellington Management. In addition, Amazon’s brand new 350K SF Robotics Innovation Hub.
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