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Quincy Mutual Secures 227,000-SF Industrial

WOBURN, MA-The four-building complex near a key suburban intersection has a solid track record of occupancy.

By Joe Clements | Updated on October 23, 2007

(Read more on the industrial market.)

WOBURN, MA-Tucked into a corner at the juncture of Interstates 93 and 95, the four-building, 227,000-sf commercial complex just acquired here by Quincy Mutual Fire Insurance Co. offers plenty of future potential, acknowledges investment advisor Garlan Morse. But while visions of a glitzy office complex bearing superior accessibility and visibility could be easily conjured up for the site along Olympia Ave., the principal of Boston-based Morris & Morse says his client’s $15.7 million investment reflects the property’s past and present performance as an industrial center.

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