LITTLETON, MA—Construction has begun in earnest on a new $49-million, 450,000-square-foot fulfillment center project for Potpourri Group Inc. on a nearly 52-acre parcel here.

The build-to-suit project is being developed by property owner MA Littleton Land, LLC, a joint venture between affiliates of Braintree, MA-based Condyne Investment Fund II, LLC and Square Mile Capital Management, LLC of New York City.

Potpourri, a multi-channel direct to consumer retailer based in Billerica, MA, is relocating warehouse operations in a facility totaling approximately 200,000 square feet in Whitinsville, MA to its new fulfillment center that is scheduled to be fully operational in the first half of 2016, according to Jeffrey O'Neill, managing partner of Condyne Investment. The project is financed by M&T Bank Corp.