An Amazon warehouse located just five miles from downtown Boston has been sold for $155 million, marking a significant transaction in the region’s industrial real estate market.
The facility, which serves as one of the closest distribution centers to Boston’s population core, was acquired by a real estate investment trust. The sale underscores continued investor interest in strategically positioned industrial assets, particularly those serving major metropolitan areas.
This transaction highlights the value placed on logistics properties with proximity to urban centers, as e-commerce and last-mile delivery remain central to supply chain strategies. The warehouse’s location offers logistical advantages for rapid delivery to a densely populated area.
The $155 million deal reflects the ongoing demand for industrial real estate in Greater Boston, especially for properties leased to major tenants such as Amazon. The sale is among the most notable recent transactions in the local industrial sector.