Investcorp Acquires Franklin Industrial Property for $38M

Investcorp Acquires Franklin Industrial Property for $38M

Investcorp has purchased a 206,220-square-foot industrial property in Franklin, Massachusetts for $37.5 million. The two flex buildings were sold by the Franchi Family in partnership with local operator Jumbo Capital and brokered by Colliers representatives Frank Petz, Matthew Sherry, Rob Schlesinger and Jack Barrett. This transaction marks Investcorp’s latest investment into the industrial sector of Massachusetts’ real estate market.

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Steve Griffin

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About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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