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Fri, Sep 17
A Compendium of Property & Capital News
Fri
Sep 17
A Compendium of Property & Capital News

The Seyon Group Acquires 402,249 SF Warehouse in Devens MA

August 24, 2021
112 Barnum Rd.; Devens MA

BOSTON —The Seyon Group has acquired 112 Barnum Road in Devens, MA. Devens is emerging as one of Greater Boston’s primary biomanufacturing hubs - located approximately 35 miles northwest of Boston, the region has ample land which has facilitated the development of several sprawling single-story facilities that are in increasingly high demand from biomanufacturing and R&D users.

12 Barnum Road offers convenient accessibility, situated just moments from the intersection of Route 2 and Interstate 495 with swift connections to both Boston and southern New Hampshire, and also benefits from the “cluster” effect, in which a mass of synergistic employers seek to locate within close proximity of one another. The building is noteworthy given its former construction as a solar manufacturing facility, a property type that is typically built to exceptionally high standards. 112 Barnum Road offers an opportunity to acquire product whose design, quality, and infrastructure remain unmatched in the New England marketplace.

“112 Barnum Road is a state-of-the-art facility that will continue to attract world-class organizations because of its highly unique infrastructure characteristics and its exceptional location in Devens,” shared Andrew Iglowski, Managing Partner at Seyon. “We are excited to add a property of this quality to Seyon’s portfolio.”

Built in 2007/2008, 112 Barnum Road is a 402,249 square foot (with potential to expand) manufacturing warehouse that is currently 100% leased to two tenants. The Property sits on 23 acres of land and the physical specs include 32’ clear heights, 36’ by 36’ column spacing, 17 loading docks, and 384 parking spaces.