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451K SF Spec Warehouse Project Planned in Uxbridge

Image courtesy of Google Maps

Construction of a 451,000-square-foot speculative warehouse is planned at the Business Park of Uxbridge following acquisition of the final 64-acre parcel.

Morgan Stanley Real Estate Investment acquired the property for $18.5 million in October, according to a Worcester County Registry of Deeds filing.

Braintree industrial developer Campanelli has been selected to design and build the project including 108 loading docks with a projected completion date of late 2022. Newmark’s Boston industrial team is marketing the project.

The 276-acre business park includes over 2 million square feet of commercial development along Route 146.

Under Campanelli’s 3-year ownership, the business park has added an 800,000-square-foot warehouse for Medline Industries and a 74,000-square-foot agricultural building and offices for Cultivate. Construction of a 517,000-square-foot e-commerce warehouse began this year.

B&T Daily