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Investment manager Rhino Capital buys fully leased warehouse complex west of Boston

JLL and CBRE arrange sale of two-building industrial property in Ashland, Massachusetts
 JLL Capital Markets and CBRE arranged the $27.87 million sale of a two-building industrial property in Ashland, Massachusetts. In addition to at 400 Main St., shown here, the sale included 50 Leland Ave. (CoStar)<br>
 JLL Capital Markets and CBRE arranged the $27.87 million sale of a two-building industrial property in Ashland, Massachusetts. In addition to at 400 Main St., shown here, the sale included 50 Leland Ave. (CoStar)
By Christian Goodwyn
CoStar Research
June 25, 2025 | 9:09 P.M.

Rhino Capital Advisors, a privately held, Boston-based investment management firm, closed on its acquisition of a fully leased, two-building industrial property located at 400 Main St. and 50 Leland Ave. in Ashland, Massachusetts, for $27.87 million, or approximately $127.67 per square foot.

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