{"id":1004738164,"date":"2024-11-22T01:55:23","date_gmt":"2024-11-22T09:55:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004738164"},"modified":"2024-11-22T01:55:25","modified_gmt":"2024-11-22T09:55:25","slug":"national-development-delivers-boston-area-facility","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/","title":{"rendered":"National Development Delivers Boston-Area Facility"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"575\" data-attachment-id=\"1004738184\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/1-10-1024x575\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\" data-orig-size=\"768,575\" 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;0&quot;}\" data-image-title=\"1-10-1024&#215;575\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image of a recently completed industrial facility at 586 Manley St. in West Bridgewater, Mass. Image courtesy of National Development&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg?w=768\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\" alt=\"Image of a recently completed industrial facility at 586 Manley St. in West Bridgewater, Mass.\" class=\"wp-image-1004738184\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><figcaption class=\"wp-element-caption\">The industrial facility sits on nearly 21 acres within the Plymouth County submarket of Boston.<em> Image courtesy of National Development<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>National Development has completed 586 Manley St., a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., within Boston\u2019s Plymouth County submarket. The general contractor in charge was Cranshaw Construction, while JLL is the exclusive leasing broker of the property.<\/p>\n\n\n\n<p>The development was financed by a $28 million construction loan originated by Cambridge Savings Bank, according to CommercialEdge. The facility can accommodate multiple uses, including warehousing, logistics and <a href=\"https:\/\/www.commercialsearch.com\/news\/the-case-for-last-mile-facilities\/\" target=\"_blank\" rel=\"noreferrer noopener\">last-mile distribution<\/a>. <\/p>\n\n\n\n<p>The industrial building features 36-foot clear heights, a 10,000-square-foot office component, two drive-in doors, ESFR sprinklers, LED lighting, 37 loading docks, 168 vehicle parking spots and 45 trailer parking spots. -Additionally, the property includes expansion options for vehicle parking and an approximately 1-acre outdoor storage area. <\/p>\n\n\n\n<p>The nearly 21-acre facility provides easy access to Massachusetts Route 24 and to interstates 495, 95 and 93. Downtown Boston is 25 miles away, while Boston Logan International Airport is 27 miles from the property.<\/p>\n\n\n\n<p>JLL Senior Managing Directors Michael Ciummei, Joe Fabiano, Rachel Marks, together with Senior Vice President Chelsea Andre and Associate Dane Caracin are the leasing agents for 586 Manley St.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-slow-industrial-activity\">Slow industrial activity<\/h2>\n\n\n\n<p>Development activity in the industrial sector has slowed across the country, also impacting the Northeastern markets, where the under-construction pipeline in key markets experienced significant decreases, a recent <a href=\"https:\/\/www.commercialsearch.com\/news\/commercialedge-industrial-report-october2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">CommercialEdge report <\/a>shows. Year-to-date through September, Boston had 1.9 million square feet of space underway, down from the 2.3 million square feet space recorded last year.<\/p>\n\n\n\n<p>Ongoing industrial projects in the metro include Tishman Speyer and Mitsui Fudosan America&#8217;s <a href=\"https:\/\/www.commercialsearch.com\/news\/tishman-speyer-jv-to-redevelop-suburban-boston-property\/\" target=\"_blank\" rel=\"noreferrer noopener\">upcoming redevelopment<\/a> of a 515,000-square-foot office and manufacturing facility into a four-building industrial campus in Peabody, Mass. In early 2024, another joint venture secured $57 million in <a href=\"https:\/\/www.commercialsearch.com\/news\/wheelock-camber-jv-lands-57m-for-boston-area-facility\/\" target=\"_blank\" rel=\"noreferrer noopener\">financing for the development<\/a> of a 237,800-square-foot facility in Wilmington, Mass.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The industrial property offers more than 210,000 square feet.<\/p>\n","protected":false},"author":2991,"featured_media":1004738184,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21748,21742,10],"tags":[32796,35869],"class_list":["post-1004738164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-industrial","category-latest","category-northeast","tag-jll","tag-national-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>National Development Delivers Boston-Area Facility - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"National Development completed a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., and tapped JLL to lease it.\" \/>\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\/national-development-delivers-boston-area-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"National Development Delivers Boston-Area Facility\" \/>\n<meta property=\"og:description\" content=\"National Development completed a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., and tapped JLL to lease it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/\" \/>\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=\"2024-11-22T09:55:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-22T09:55:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"575\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/\",\"name\":\"National Development Delivers Boston-Area Facility - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\",\"datePublished\":\"2024-11-22T09:55:23+00:00\",\"dateModified\":\"2024-11-22T09:55:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"National Development completed a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., and tapped JLL to lease it.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg\",\"width\":768,\"height\":575,\"caption\":\"Image of a recently completed industrial facility at 586 Manley St. in West Bridgewater, Mass. Image courtesy of National Development\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"National Development Delivers Boston-Area Facility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\",\"name\":\"Simona Tudose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79\",\"caption\":\"Simona Tudose\"},\"description\":\"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"National Development Delivers Boston-Area Facility - Commercial Property Executive","description":"National Development completed a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., and tapped JLL to lease it.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/","og_locale":"en_US","og_type":"article","og_title":"National Development Delivers Boston-Area Facility","og_description":"National Development completed a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., and tapped JLL to lease it.","og_url":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-11-22T09:55:23+00:00","article_modified_time":"2024-11-22T09:55:25+00:00","og_image":[{"width":768,"height":575,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg","type":"image\/jpeg"}],"author":"Simona Tudose","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/","url":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/","name":"National Development Delivers Boston-Area Facility - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg","datePublished":"2024-11-22T09:55:23+00:00","dateModified":"2024-11-22T09:55:25+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4"},"description":"National Development completed a 210,600-square-foot Class A logistics facility in West Bridgewater, Mass., and tapped JLL to lease it.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg","width":768,"height":575,"caption":"Image of a recently completed industrial facility at 586 Manley St. in West Bridgewater, Mass. Image courtesy of National Development"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/national-development-delivers-boston-area-facility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"National Development Delivers Boston-Area Facility"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4","name":"Simona Tudose","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/SimonaTudose_AuthorPhoto.jpg?w=79","caption":"Simona Tudose"},"description":"Simona Tudose is an Associate Editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in July 2022 and writes news about industrial, office and manufactured housing sectors. You can reach out to her at simona.tudose@cpe-mhn.com.","url":"https:\/\/www.commercialsearch.com\/news\/author\/simona-tudose\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/1-10-1024x575-1-e1732191810588.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004738164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/2991"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004738164"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004738164\/revisions"}],"predecessor-version":[{"id":1004738275,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004738164\/revisions\/1004738275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004738184"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004738164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004738164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004738164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}