Joy Street Studios Update 06/05/20

Somerville Property Acquired for $25.5M

North River Company has acquired the property at 86 Joy Street in Somerville for $25.5M. The 57,000+ square foot warehouse building on a 1.77-acre lot is currently home to the Joy Street Studios. North River also owns 200 Inner Belt Road, a 200,000 square foot mixed-use Class A office, R&D, and art storage building which sits very close to 86 Joy Street. The property at 200 Inner Belt Road also includes a 3-acre development site.

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