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Ares Management acquires UPS-leased warehouse

Ares Management acquires UPS-leased warehouse in Franklin
The 2021-built industrial facility in Franklin is fully leased to UPS. (CoStar)
The 2021-built industrial facility in Franklin is fully leased to UPS. (CoStar)
By Hayden Kingoff with
CoStar Research
January 9, 2026 | 9:57 P.M.

Ares Management Corp. acquired a 152,752-square-foot industrial building in Franklin, Massachusetts, from Westbrook Partners for $32.4 million, or about $212 per square foot.

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