{"id":1004198110,"date":"2017-11-23T02:28:50","date_gmt":"2017-11-23T10:28:50","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004198110"},"modified":"2022-12-07T03:53:38","modified_gmt":"2022-12-07T11:53:38","slug":"103-ksf-industrial-asset-trades-in-greater-boston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/103-ksf-industrial-asset-trades-in-greater-boston\/","title":{"rendered":"103 KSF Industrial Asset Trades in Greater Boston"},"content":{"rendered":"<p><em>By Evelyn Jozsa<\/em><\/p>\n<div id=\"attachment_1004198111\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004198111\" data-attachment-id=\"1004198111\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/103-ksf-industrial-asset-trades-in-greater-boston\/15_21-university-road\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"15_21 University Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;15-21 University Road, Canton, Mass.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg?w=800\" class=\"wp-image-1004198111 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg\" alt=\"15-21 University Road, Canton, Mass.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004198111\" class=\"wp-caption-text\">15-21 University Road, Canton, Mass.<\/p><\/div>\n<p>Calare Properties has purchased 15-21 University Road, a 103,200-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-industrial-assets-attract-offshore-investment\/\">industrial\/flex building<\/a> in Canton, Mass. The property, acquired in an off-market transaction, was vacant at the time of the sale. Calare Properties has chosen JLL as its leasing broker.<\/p>\n<p>The asset, 15-21 University Road, is situated at the juncture of Route 128 and Interstate 95, surrounded by diverse range of retail, dining and transportation options. Additionally, Boston is 15 miles away. The property occupies 17 acres and features 14 loading docks, six drive-in docks and more than 300 parking spaces and flexible floor plans.<\/p>\n<h2>Future plans<\/h2>\n<p>The\u00a0buyer\u00a0intends to include base building improvements such as new roofs, heating, ventilation and air-conditioning upgrades, repaved parking areas, updated landscaping and cosmetic enhancements to the fa\u00e7ade. The firm aims to implement solar technology as well.<\/p>\n<p><em>\u201cThrough a strategic capital improvement program designed to upgrade property systems and infrastructure, we are confident of the opportunity to drive significant capital appreciation,\u201d<\/em>\u00a0Bill Manley,\u00a0CEO &amp; CIO of Calare, said in prepared remarks.\u00a0<\/p>\n<p><em>Image courtesy of Calare Properties<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calare Properties has acquired a vacant building in Canton, Mass., and is planning to implement a capital improvements program to bring the asset to market standards. JLL will spearhead leasing efforts. <\/p>\n","protected":false},"author":871,"featured_media":1004198111,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21743,21748,21783,21742,10],"tags":[38398,33499,32796],"class_list":["post-1004198110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-deals","category-industrial","category-investment","category-latest","category-northeast","tag-bill-manley","tag-calare-properties","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>103 KSF Industrial Asset Trades in Greater Boston - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/103-ksf-industrial-asset-trades-in-greater-boston\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"103 KSF Industrial Asset Trades in Greater Boston\" \/>\n<meta property=\"og:description\" content=\"Calare Properties has acquired a vacant building in Canton, Mass., and is planning to implement a capital improvements program to bring the asset to market standards. JLL will spearhead leasing efforts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/103-ksf-industrial-asset-trades-in-greater-boston\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-23T10:28:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T11:53:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/15_21-University-Road.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/103-ksf-industrial-asset-trades-in-greater-boston\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/103-ksf-industrial-asset-trades-in-greater-boston\\\/\"},\"author\":{\"name\":\"Evelyn Jozsa\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"headline\":\"103 KSF Industrial Asset Trades in Greater Boston\",\"datePublished\":\"2017-11-23T10:28:50+00:00\",\"dateModified\":\"2022-12-07T11:53:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/103-ksf-industrial-asset-trades-in-greater-boston\\\/\"},\"wordCount\":190,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/103-ksf-industrial-asset-trades-in-greater-boston\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/11\\\/15_21-University-Road.jpg\",\"keywords\":[\"Bill Manley\",\"Calare Properties\",\"JLL\"],\"articleSection\":[\"Boston\",\"Deals\",\"Industrial\",\"Investment\",\"News\",\"Northeast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/103-ksf-industrial-asset-trades-in-greater-boston\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/103-ksf-industrial-asset-trades-in-greater-boston\\\/\",\"name\":\"103 KSF Industrial Asset Trades in Greater Boston - 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