NORTHBOROUGH, Mass. — JLL Income Property Trust has acquired West Boston Distribution Center for a purchase price of approximately $36 million, the company announced Nov. 3.
The Class A distribution property totals approximately 54,000 square feet and is 100% leased to a tenant the release describes only as a leading distribution tenant. The lease was recently extended and has 14 years remaining, with 2.5% annual escalations. The site has 116 auto stalls and 306 trailer stalls, plus access to I-495 and I-90. Recent improvements include 20 additional dock doors and a maintenance facility of 10,000 square feet.
The release does not name the seller or a broker, and it states no jobs or investment beyond the purchase price.
ON THE RADAR: DEAL
Buyer: JLL Income Property Trust
Tenant: Not named
Seller: Not named
Property: West Boston Distribution Center, Northborough, Mass., approximately 54,000 square feet
Price: Approximately $36 million
Broker: Not named
Type: Acquisition
Announced: Nov. 3, 2026