75/109 Smith Place Update 04/20/18
Invesco Acquires 40 Smith Place
Invesco continues acquisition of properties at Alewife Station. In their latest move, they have acquired multiple properties at 40 Smith Place for $27.73 million. The property is a 3.8-acre parcel containing a 36,405-square-foot warehouse could be suitable for a multifamily development or life science conversion. The additional parcels of land included in the acquisition are 15 Wilson Rd, 55 Wilson Rd, and 75 Smith Pl which contains a 24,056 square-foot 1 story warehouse built in 1971.