Real Estate

CRE Firm Acquires Two Industrial Properties

774 Norfolk Street

Boston – FoxRock, a Quincy-based commercial real estate investment and development firm, announced it has recently purchased 774 Norfolk Street in Mansfield, Mass. and 267 Libbey Parkway in Weymouth, Mass. These acquisitions signify the continued expansion of FoxRock’s diverse real estate portfolio.

FoxRock’s portfolio now encompasses 4 million square feet of real estate. The portfolio comprises a broad set of properties across office, medical office, biotech, industrial, retail, and academic asset classes. FoxRock is also actively participating in the rapid revitalization of Quincy Center, with a significant development pipeline.

774 Norfolk Street

The property at 774 Norfolk Street in Mansfield is a 246,000sf light industrial CGMP certified facility with up to 32 foot clear height served by rail. The property is 100% leased through February 2032 to Hub Folding Box, a premier printing and folding carton company producing innovative packaging for leading consumer product companies.

The property at 267 Libbey Parkway in Weymouth is a 20,500sf industrial facility with logistics and distribution characteristics that are in high demand.  The property is 100% leased through June 2023 to publicly traded food service company, Compass Group USA, Inc. (d.b.a. Atlantic Coffee). This acquisition also complements FoxRock’s existing presence on Libbey Parkway, where it owns multiple properties.

Newmark represented the seller on the Mansfield deal, and The Conrad Group represented the seller on the Weymouth deal.