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Lincoln Property Buys Spec Industrial Site in Marlborough

Jul 16, 2021 | Reprints | Print

Image courtesy of Avison Young

A 12.3-acre site in Marlborough that’s in permitting for a speculative industrial development has been acquired by Lincoln Property Co. for $2.8 million.

The 120,600-square-foot development at 1000 Nickerson Road will be designed for uses including biomanufacturing, R&D and flex space.

Avison Young’s Jon Pezzoni and brandon Dickason represented seller DBK Realty LLC and procured the buyer.

“LPC’s acquisition and development plans for 1000 Nickerson Road comes at a time when the demand for premium land for industrial, R&D and lab space exceeds supply in one of the nation’s top life sciences hubs,” Pezzoni said in a statement.

B&T Daily