Project Progress: Acquired by Proponent

Developers The Seyon Group

About 20 Seyon Street

Watertown, MA

Existing 94,268-square-foot warehouse and distribution facility located on a five-acre plot in a high-growth, mixed-use corridor of Watertown with immediate proximity to Interstates 90 and 95.

20 Seyon Street is fully leased through 2024.

Previous owner Calare Properties bought the building for $11 million ($117 per square foot) in December 2014 and made capital improvements including a new roof, new HVAC units and a new security system.

Calare sold the building to The Seyon Group in late September 2017 for $15 million ($159 per square foot).


Construction Cost $15,000,000.00
Acquisition Cost $15,000,000.00
Square Feet 94,268


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Oct 17, 2017

Watertown industrial property sold for $15 million


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