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MassMutual Subsidiary Buys Suburban Boston Warehouse for $34.5 Million

GFI Partners Sells Franklin Facility Slated to Deliver in 2020
The 300,000-square-foot warehouse at 100 Finacial Park in Franklin, Massachusetts, is slated to be completed in February 2020. (CoStar)
The 300,000-square-foot warehouse at 100 Finacial Park in Franklin, Massachusetts, is slated to be completed in February 2020. (CoStar)
By Dominique Mackey
CoStar Research
January 20, 2020 | 9:28 P.M.

Barings Real Estate Advisers, a subsidiary of MassMutual, has purchased a 300,000-square-foot warehouse under construction in Franklin, Massachusetts, from Boston-based GFI Partners for $34.5 million, or $115 per square foot.

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News | MassMutual Subsidiary Buys Suburban Boston Warehouse for $34.5 Million