Lawrence Industrial Office

The subject property is a 559,868 square foot high-end manufacturing facility, on 14.49 acres of land that was formerly a Polartec Plant. The private equity firm that owned Polartec moved the company to Tennessee as part of a consolidation of their other manufacturing companies. The Property is located in Essex County, MA, which is approximately 35 minutes from Boston close to highway 213, and is roughly one mile from Freeway 93 and 495. The building is currently divided among approximately 15% office space and 85% manufacturing and warehouse space, and offers the flexibility to be re-configured to suit a variety of different uses and needs. The facility features state-of-the-art manufacturing systems, which could be valuable to many future tenants.

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  • Property Type Industrial
  • PurposeAcquisition
  • Gross Annual Coupon11.90%
  • Loan Amount$5,731,635
  • Loan to Value32.1%

46 Stafford Street, Lawrence, MA 01841

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