July 11, 2025 - 19:42
BOSTON— JLL Capital Markets has confirmed the successful sale of a two-building industrial and flex portfolio in North Andover, Massachusetts, for a total of $12.5 million. The properties, situated at 300 Willow Street and 125, represent a significant addition to the Seyon Group's growing real estate portfolio.
The acquisition reflects a strategic move to enhance the company's presence in the industrial sector, which has seen increased demand due to evolving market trends. The North Andover location is particularly attractive, given its proximity to key transportation routes and a skilled labor pool, making it an ideal site for various industrial operations.
The properties boast flexible space configurations, allowing for a range of potential uses, from warehousing to light manufacturing. This versatility is expected to attract a diverse set of tenants, further solidifying the Seyon Group's investment strategy in a competitive real estate landscape. The deal underscores the ongoing interest in industrial real estate, which continues to be a robust sector amid changing economic conditions.
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