JV Puts Five-Building Portfolio on the Market

Placed on the market just days ago, the properties include a two-building office complex totaling nearly 300,000 sf at 109-111 Powderhill Rd. in Maynard, a two-building office/R&D facility totaling more than 150,000 sf with 5.2 acres at 24-30 Porter Rd. in Littleton, and a 232,000-sf R&D and warehouse building on 24.6 acres here. The buildings are being marketed individually or as a portfolio by Cappy Daume, Scott Jamieson, Michael Smith and Steven Baldini, all with Spaulding & Slye Colliers.

Both the Woburn and Maynard properties are fully occupied with leases that extend through 2007 and 2009, respectively. One of the two buildings in Littleton is 100% occupied through 2009 while the second building is 32%-occupied by two tenants whose leases extend through 2012.