Project Progress: Acquired by Proponent

Developers Calare Properties
Real Estate Brokers JLL

About 15-21 University Road

Canton, MA

 

Vacant 103,200-square-foot industrial/flex property located on 17 acres in one of Greater Boston’s largest industrial submarkets. The property features 18’-24’ clear ceiling height, 14 loading docks, six drive-in docks, 300 parking spaces and flexible floor plans that can accommodate retail, manufacturing and distribution.


Calare Properties acquired 15-21 University Street for $5.8 million in November 2017 and plans to improve the property with new roofs, new HVAC, repaving, updated landscaping, cosmetic facade enhancements and possible rooftop solar panels. The firm has partnered with JLL to lease the property, and has already received numerous inquiries from potential tenants.


15-21 University Road is located just 15 miles from Downtown Boston, minutes from Interstates 95/128 and 93, Amtrak and MBTA commuter rail service and the two-million-square-foot University Station mixed-use development.

Square Feet 103,200
Sector

Industrial

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Nov 21, 2017

Vacant Canton industrial building acquired for $5.8 million, capital improvements planned

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