500,000-square-foot warehouse-light industrial building planned at Hudson site
75-acre parcel at Sagamore Industrial Park sold for $6.6 million to Boston developer
The $6.6 million sale of a 75-acre site in Hudson will pave the way for construction of over a half million square feet of high-bay warehouse and light industrial space at the Sagamore Industrial Park.
The sale was announced by Matt Bacon and Cassandra Farley of SVN Masiello Commercial Real Estate, who represented the seller, 5 Way Realty Trust. The buyer, Boston-based development firm GFI Partners LLC was represented by David Stubblebine, principal of The Stubblebine Company.
Plans, which have been presented to the Hudson Planning Board, call for a 504,000-square-foot building with 104 loading doors on two sides, 362 employee parking spaces and 71 trailer storage spaces.
The parcel where the site is located is off the newly constructed Friars Drive and is one of the last remaining vacant parcels of land in the Sagamore Industrial Park.