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Brookfield Buys North Reading Industrial Park for $40M

May 27, 2020 | Reprints | Unlock Link

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Image courtesy of Google Maps

A real estate entity affiliated with New York-based Brookfield Property Group has acquired a four-building industrial portfolio in North Reading for $40 million.

The properties at 23, 39, 35-37 and 45 Concord St. include buildings spanning 286,000 square feet. The transaction also includes a 1-acre land parcel.

JLL’s industrial brokerage and capital markets teams leading the transaction included Vice President Benjamin Roopenian and Director Michael Restivo along with Senior Vice President Matt Sherry.

B&T Daily