1 Technology Park Drive Update 08/19/19

Peabody Property Sells for $34.15 Million

The MEPT Fund has acquired the property at 1 Technology Park Drive in Peabody, MA for $34.15 million.

The property features a 188,000 square foot high-bay freezer/cooler warehouse and distribution building and is currently occupied by US Foods. The building is equipped as a full-service food distribution center and features a multi-zone freezer, cooler, dry warehouse space, and 8' x 8' loading docks.

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