What: 613 Main St.
Where: Wilmington
Owner: The Seyon Group and Wheelock Street Capital
Built: 1983
Lowe’s Home Improvement Warehouse and HVAC supplier Homans Assoc. have leased a combined 281,192 square feet at 613 Main St. in Wilmington.
The transactions bring the class A high-bay industrial warehouse up to full occupancy.
Seyon and Wheelock Street acquired 613 Main St. with a redevelopment strategy in mind, demolishing 50,000 square feet of the original building and adding 21 loading docks to provide a total of 44 tailboard docks.
Newmark Knight Frank represented ownership in the lease transactions.
They Said It:
“As industrial product continues to be repurposed in downtown Boston, areas such as Wilmington have become a logical location option for tenants, providing quick access to the city as well as the state’s major distribution network.”
— Newmark Executive Managing Director Tony Coskren