03/25/2008

Condyne Makes Two Acquisitions in Brockton

Condyne has recently expanded its already impressive portfolio with the recent acquisition of two warehouse buildings in Brockton, MA.

1120 West Chestnut Street consists of 9,000 SF of warehouse and distribution space and 3,000 SF of office. The warehouse features a dry sprinkler system, Metal Halide lighting, two large overhead doors and one dock. In addition to the warehouse, there is 3,000 SF of covered outside storage. Beacon Roofing currently leases the entire facility but will be expanding and moving next door August 1, 2008. Set on 1.4 acres of land, 1120 West Chestnut Street has an abundance of outside storage space as well as car and truck parking.

1150 West Chestnut Street is a 100,500 SF warehouse and distribution building. The facility is constructed out of a combination of masonry block and insulated metal panel and a rubber membrane roof system. There are ten loading docks, a 26 ft clear height, and a 33 ft x 33 ft. column spacing. This building will become home to Beacon Roofing when their expansion takes place in August of 2008.  Beacon will occupy 60,000 SF of office and warehouse. This fully air conditioned section of the building features 15,000 square feet of mezzanine office, a  26 ft. clear warehouse, Metal Halide lighting and a wet sprinkler system.  Condyne will perform tenant improvements including the construction of a new 2,500 square foot sales area and installation of a large overhead door prior to Beacon's occupancy.   A large parking area will be repaved and fenced in to accommodate Beacons outside storage requirements. 

A 40,000 square foot 26 foot clear warehouse section with 2,500 square feet of office will be available for lease beginning in August 2008.