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Equus Capital Partners Acquires 300,075 SF Industrial Development in Shrewsbury, Massachusetts

Equus Capital Partners Acquires 300,075 SF Industrial Development in Shrewsbury, Massachusetts

Shrewsbury, MassachusettsSource: REBusinessOnline
DealsMarkets

Equus Capital Partners, a Philadelphia-based investment firm, has completed the acquisition of Centech Park North, a 300,075-square-foot industrial development located in Shrewsbury, Massachusetts. The purchase was made in a joint venture with an undisclosed partner. Developed by NorthBridge Partners and completed in 2023, the property consists of two buildings, measuring 195,975 square feet and 103,500 square feet, respectively.

Centech Park North features modern industrial specifications, including 36-foot clear heights, 64 dock-high doors, and four drive-in doors. At the time of the sale, the park was fully leased to a diverse tenant base spanning industries such as life sciences, advanced manufacturing, and commercial services. While the sales price was not disclosed, this acquisition highlights continued investor interest in well-located and modern industrial assets, particularly those catering to high-growth sectors.

Topics

advanced-manufacturingcentech-park-northequus-capital-partnersindustrial-acquisitionlife-sciencesmassachusettsnorthbridge-partnersshrewsbury

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