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.

The property is located adjacent to 75 Moulton St and 10 Wilson Rd, both recently acquired by Invesco.

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