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Boston & New England  + New England  + Industrial  | 
The Brennan Group, John M. Corcoran & Company and equity partner Berkeley Partners have broken ground on a warehouse/distribution facility in Lunenburg, MA.

Demand Prods Partners to Build $63M On-Spec Warehouse Facility in Lunenburg

The Brennan Group, John M. Corcoran & Company and equity partner Berkeley Partners have broken ground on Lunenburg Central, an estimated $62.9-million warehouse/distribution facility in Lunenburg, MA.

Construction financing of $41.9 million for the 372,000-square-foot, Class A project was arranged by CBRE through Cambridge Savings Bank.

“With the unprecedented demand for Class A warehouse product in the Metro Boston market, where speed to market for tenants is so critical, the decision to build on spec was a strategic one,” said Tim Brennan, VP of The Brennan Group. “The competition for land has pushed the development of new industrial product further west, and tenants are responding positively, particularly for locations with convenient highway access.”

Lunenburg Central is 25 miles to Worcester and 43 miles to Boston.

The tilt-up construction facility will feature 36’ clear height, 71 loading docks and 2 drive-in doors, with 94 trailer/van parking stalls and build-to-suit office.

Ed Jarosz with Newmark is handling leasing.

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Inside The Story

The Brennan Group's Tim Brennan

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Development
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