Located just off Route 146, with proximity to the Massachusetts Turnpike and Interstates 395 and 495, The Cubes at Gilboa will help meet the high demand for modern distribution space near major population centers including Boston, Worcester, and Providence, R.I. According to Newmark research, the Boston area had an industrial vacancy rate of just 3% at mid-year 2022, compared with 4.3% a year earlier.
The Cubes at Gilboa was designed by CRG’s integrated partner Lamar Johnson Collaborative, while its parent company, Clayco, is serving as general contractor. The development will incorporate state-of-the-art building specifications associated with CRG’s nationally recognized industrial brand, The Cubes. The concrete tilt-up building will feature 40-foot clear heights, 51- by 51-foot column spacing, 171 dock doors, four drive-in doors, ESFR sprinkler systems, high-efficiency LED lighting, and parking for 220 trailers and 651 cars.
Newmark will serve as exclusive leasing advisors for the property, representing CRG, a privately held national real estate development and investment firm that has developed more than 10,000 acres of land and delivered over 210 million square feet of commercial, industrial, institutional and multifamily assets exceeding $13 billion in value.