Jonspin Road R&D/Light Industrial Portfolio

As exclusive sales agent, Jones Lang LaSalle is pleased to offer for sale 17-57 Jonspin Road, 53-65 Jonspin Rd, and 46 Jonspin Road (the “Portfolio”), located in Wilmington, Massachusetts. 69% leased to L3Harris Technologies, this offering is an exciting opportunity to acquire three state-of-the-art R&D/light industrial facilities located in one of Massachusetts’ highest performing submarkets.

Strategically positioned 1.5 miles from I-93 and 20 miles from Downtown Boston, the Portfolio neighbors some of the most globally recognized brands. The North Submarket is highly accessible and talent-rich, driving overwhelming tenant demand and an increasingly tight development pipeline. Given the limited remaining development sites and lack of new product within Greater Boston, the imbalance of supply and demand will continue to spread.

Built in 1985, 1987, and 1989, the three buildings are anchored by L3Harris Technologies, an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. L3Harris provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. With 3.8 years of term and a stable cash-flow stream, the Portfolio is a one-of-kind opportunity for an investor to acquire three R&D buildings with a credit tenant in a high barrier to entry market.