Photo courtesy of National Development

What: 61 Leona Drive
Where: Middleborough
Owner: National Development
Built: 1998 

A 75,000-square-foot lease by fitness equipment manufacturer Peloton has brought National Development’s 61 Leona Drive property up to 100 percent occupancy. 

National Development acquired the 150,000-square-foot high-bay warehouse and distribution center in 2018 for $9.9 million. 

The 22.7-acre property off Interstate 495 and Route 24 has 24 tailboard docks, a showroom and 50-by-50-foot bay spacing. The property has expansion capacity for an additional 50,000 square feet. 

They Said It: 

“The property is well positioned to facilitate seamless distribution logistics given its attractive in-place infrastructure and immediate highway accessibility,” 

— Andrew Gallinaro, managing partner, National Development