Self storage repositioning of a gun manufacturing facility. The location benefited from its excellent visibility and proximity to major highways, underpenetrated market and strong demographic. Unique features of this property include 4 walk-in steel vaults. Value-add opportunities through partnership with solar operator, local economic development incentives and tax optimization.

The repositioning opportunity lies in a 76,000 SF outdated commercial warehouse, previously occupied by Iron Mountain. Situated in a prime location within central Boston, amidst a rapidly growing neighborhood and close to major transportation routes, it boasts unparalleled accessibility. The market presents formidable barriers to entry, underscoring its potential for investment. Moreover, the area is characterized by strong demographics, indicating promising growth prospects. The property already hosts a cellular tenant and incorporates solar facilities, offering immediate value-add potential. Furthermore, the possibility of expanding the premises through acquiring adjacent properties adds to its appeal and potential for future development.

The repositioning opportunity pertains to an obsolete flex-use commercial property, previously serving as the headquarters of GE. Its advantageous features include unparalleled visibility from the highway, a central location, and close proximity to major transportation arteries, enhancing its accessibility and desirability. The property is situated in an underpenetrated market with a robust demographic profile, promising favorable conditions for investment. Additionally, economic development incentives, along with bonus depreciation and cost segregation studies, further enhance its attractiveness for prospective investors. The value-added potential is evident through the prospect of expansion facilitated by the acquisition of an adjacent lot from NY MetroPlex, alongside existing solar infrastructure. With over 50,000 NRSF (Net Rentable Square Feet) available, there is ample space for additional facility expansion, amplifying its appeal for future development.