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Totals

Total Square Footage 249,845

General

Established 2018
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First Highland (the Company) acquires, develops, redevelops, and manages industrial real estate. The Company’s innovative approach to projects and the experience of its principals have led to the successful development and redevelopment of over 12 million square feet of industrial property in the Midwest and Northeast markets.

With over 100 years of combined experience of its principals, and with a history of responsiveness to its customer base of businesses, brokers, and owners, First Highland is well positioned for the industrial opportunities of the future.

Updates

Readville Yard 5
- Jan 21, 2018

Readville Yard 5 industrial and office development in Hyde Park secures construction financing Readville Yard 5, an upcoming 21-acre development in Hyde Park that will construct five buildings containing 249,845 square feet of light industrial, manufacturing and office space, has secured $15.5 million in financing, allowing construction to begin. Financing was provided by Northern Bank & Trust Company; the project is developed by First Highland Management and Development Corporation.The first phase of Readville Yard 5, expected to be complete by July 2018, will construct infrastructure and site access improvements as well as a three-story, 36,000-square-foot office building at the site’s gateway. The second phase, expected to commence in November 2018 and conclude in July 2019, will construct four single-story structures containing up to 41 light industrial and manufacturing units approximately 4,000 to 7,000 square feet in size.Originally approved in October 2014, Readville Yard 5 would have constructed six new buildings totalling approximately 375,000 square feet. However, following National Grid’s lease of a four-acre portion of the site as a service center for natural gas repairs for customers in the City of Boston, the project was subsequently downsized to five buildings.


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Projects

Readville Yard 5