Below is a press release from JLL:
BOSTON, MA — The Davis Companies (“Davis”) recently announced that construction for a new ground up industrial/distribution campus has begun at Upton Crossing in Wilmington, MA. Upon completion in early Q1 2023, 38 Upton Drive will consist of 214,440 square feet of manufacturing, industrial, and distribution space across two Class A buildings. 38 Upton Drive offers premier tenants the ability to establish a highly accessible workplace with both buildings being located just off of Exit 35 on I-93 north.
With the addition of the two new facilities, Davis’ Upton Crossing flex campus will include five buildings for today’s modern industrial, Flex/R&D, manufacturing and distribution companies.
As a 27-acre master-planned development, 38 Upton Drive’s two new buildings are strategically designed and planned to be built to the highest standards as expected by modern warehouse distribution, industrial and high-tech manufacturing tenants. The buildings feature 32′ clear-height, high density loading accessibility, generous truck courts, superb employee parking, and a robust electrical supply. They are also permitted additional mezzanine space that allows tenants to leverage more office space while maximizing floor area.
Located in the commercial district within Wilmington, Massachusetts, Upton Crossing is well positioned for convenient access to the New England region offering easy access to I-93 north and south bound via Exit 35. The property is 0.5 miles from Route 125, 6 miles from I-495, and 18 miles from Logan Airport.
“E-commerce and logistics are fueling the growing demand for industrial space,” said Joe Fabiano, Executive Vice President at JLL. “And Upton Crossing is poised to meet that demand in Massachusetts diverse economy that ranges from warehouse distribution, life sciences and industrial manufacturing, and research and development.”
“38 Upton Drive will be an outstanding opportunity for building occupants looking for highest quality space state of the art building systems and infrastructure. We’ve listened to the market and collaborated with experts in the industry to ensure that the buildings are strategically designed to provide a premier offering that can support the heavy infrastructure demands that today’s companies so require,” said Mike Cantalupa, Chief Development Officer at Davis.
38 Upton Drive broke ground in February 2022 and both buildings are expected to be completed in Q1 2023. The buildings will be available for parallel tenant fit out in late 2022.
The JLL team representing Davis is comprised of Executive Vice President Joe Fabiano, Vice President Jordan Yarboro, Managing Director James Lipscomb, and Managing Director Brian Tisbert. In addition to handling the leasing for Davis on Upton Crossing’s 325,000 SF asset group in Wilmington, the JLL project team will lead leasing and marketing efforts for Davis on a 44,000 square-feet asset at 1 Aegean Drive in Methuen, and 200,000 square-feet at 175-179 Ward Hill Avenue in Haverhill.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
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