The Boulos Company, Northern New England’s largest commercial real estate firm serving owners, investors, and tenants, is pleased to announce the sale of 95 Maple Street in Stoneham, Massachusetts for $12,850,000.  Purchased by Calare Properties, 95 Maple Street consists of a fully-leased 38,000 square foot industrial building situated on 5.63 acres, with approximately 400 parking spaces and direct access to I-93 at Exit 36.

John Meador of The Boulos Company represented Calare in the transaction. “This deal is yet another example of the investment appetite for well-located industrial properties, particularly on large sites, within Greater Boston.  It’s a product that is hard to recreate and one that will cater to a variety of alternative uses in the future”, said Meador.

Founded in 2003, Calare Properties is a real estate operator specialized in acquiring and managing warehouse, manufacturing, research and flex/office assets located primarily in the Northeast. Calare has led the acquisition of over 18.5 million square feet of properties, representing $850 million in real estate transactions through funds, direct deals and a multi-asset portfolio.