
Equus Capital Partners Acquires 300,075 SF Industrial Development in Shrewsbury, Massachusetts
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.
More in Massachusetts
· Boston, Massachusetts
Boston’s Trophy Office Rents Hit Record Highs, Driven by Law Firms Amidst Construction Stagnation
· Cambridge, Massachusetts
Tourbineau Real Estate Partners Plans Major Office-to-Residential Conversion in Cambridge
· Boston, Massachusetts
Boston Developers Halt High-Rise Multifamily Projects Amid Soaring Costs and Stagnant Rents
· Cambridge, Massachusetts
Blitzy Secures Cambridge’s Largest Office Lease of the Year, Signaling AI Sector Growth
· Andover, Massachusetts
Hendrie Lane Capital Acquires $43.5M R&D and Manufacturing Property in Andover