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Acquisition of 10 buildings of a larger, historical mill campus in Biddeford, Maine, a suburb of Portland. The property contains both residential and commercial space, with 100% occupancy and 98.4% occupancy, respectively.
Deal Highlights
- Market Desirability - Affordability and Space
- Immediate Cash Yield due to Strong Occupancy
- High Demand for Residential Units - 400+ Waiting List
- Dedicated, Expanding Commercial Tenants
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Led by an experienced, Boston-based, 10x repeat Marketplace sponsor, a Fund that offers investors participation in any potential GP promote, while targeting a range of investment strategies and property types within the Greater Boston Area
Industrial fund acquiring last-mile distribution and light manufacturing facilities focused on five major Sunbelt markets in TX, TN, & GA, targeting a mix of core plus and value-add assets.
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