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Camber Development and Wheelock Street Capital sell newly constructed 237,880 sq ft logistics facility in Wilmington, Massachusetts

Sale Industrial announced United States Apr 30, 2026

Camber Development and Wheelock Street Capital completed the sale of 800 Salem St., a newly constructed 237,880-square-foot class A industrial logistics facility in Wilmington, Massachusetts, to an undisclosed buyer. The all-electric facility, built in 2025, features 36-foot clear heights, ESFR sprinkler systems, LED lighting, and a 5,000-amp electrical capacity, with 47 dock-high loading positions and 33 trailer parking spaces. Located directly off Interstate 93, the property is 18 miles from downtown Boston and is fully leased to a single tenant operating a same-day delivery fulfillment center. JLL served as the legal representative for the sellers and arranged the acquisition financing for the new owner, securing a fixed-rate, 10-year loan. Tucker Kelton, founding partner at Camber Development, highlighted the project as a market-leading initiative that aligned with the team's strategy of developing sustainable, high-functionality buildings for credit tenants.

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Timeline

Announced
Apr 30, 2026
Signed
Closed

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Source

irei.com
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