Woburn Industrial Facility Trades for $10M

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JLL has brokered the $9.5 million sale of 8 Roessler Road, a 63,000-square-foot, high-bay stockroom facility in Woburn, MASS. The facility is currently fully leased.

Benjamin Roopenian, Michael Ciummei as well as Joe Fabiano of JLL stood for the undisclosed vendor in the purchase. The customer was Oliver Street Funding.

“High-bay warehouse facilities like 8 Roessler Road, have actually become extremely desired assets for financiers seeking to take advantage of ecommerce-driven shifts in consumer habits,” said Roopenian. “This offer speaks with the high desirability of well-located industrial home in Greater Boston.”

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