241 Sturbridge Road Update 10/26/23

GFI Partners Closes on Western MA Warehouse Development Site

GFI Partners has acquired 241 Sturbridge Road in Charlton for $8,300,000. Approved plans for the site call for the construction of a 1,400,000-square foot (sf) single-story high bay warehouse with 30,000 sf of office space, 210 loading bays, 500 parking spaces, 250 trailer storage spaces, a stormwater management system and water and sewer infrastructure. The project includes off-site roadway improvements on Route 20 (Sturbridge Road), including a signalized intersection at the site driveway, and widening of Route 20 to add turning lanes on the east- and westbound approaches to the intersection. 

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