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Tuesday, May 22, 2012 Industrial
Gary Lemire, Christopher Angelone and Robert Gibson of CB Richard Ellis' New England office represented GFI while the Condyne/Prudential venture handled the negotiations in-house. Built in 2005, the Class B industrial facility features 32-foot clear height ceilings and is located on Distribution Center Drive. The property is home to Plastipak Packaging Inc., a Plymouth, Mich.-based plastic packaging company. The acquisition includes rights to construct an additional 600,000 square feet over a three-phase build out. Littleton is located approximately 40 miles west of Boston and has a population of 8,184. Lemire, senior vice president and partner with CBRE New England, joined the company in 1994 and has completed more than $1 billion in real estate transactions. He is a former account representative with Xerox Corporation and vice president of investment sales Leggatt McCall/Grubb & Ellis. Angelone is a partner in CBRE's Boston office and has been with the company since 1998. Prior to that, he owned resort retail stores and developed a number of novelty products. In 2003, he was recognized as being one of the top 200 brokers for CBRE. Lemire and Angelone recently brokered the $16.9 sale of 10 Cabot Rd., in Medford. Gibson, senior VP and partner with CBRE, joined the company in 1992 as an industrial leasing agent specialist in the suburban commercial market. He is a former employee of Corporate Real Estate Advisors and the Brendan Group. He was CBRE's New England Broker of the Year in 1998. Address: 1-3 Distribution Center Drive, Littleton, Mass. Size: 240,000 square feet Built: 2005 Filed Under: Industrial E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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