Novaya Recapitalizes 819,000-SF Boston-Area Industrial Portfolio

by | Nov 5, 2016 | Commercial Real Estate News

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Novaya Recapitalizes 819,000-SF Boston-Area Industrial Portfolio

Novaya Real Estate Ventures has completed the recapitalization of a four-building industrial portfolio totaling 819,095 square feet across greater Boston. The firm secured th equity placement with New York-based alternative investment manager, Investcorp.

The portfolio is comprised of 1 First Ave. in Peabody; 57 Littlefield St. in Avon; 176 Grove St. in Franklin; and 326 Balladvale St. in Wilmington.

Chris Skeffington, Roy Sandeman and Joe…