News: Front Section
Posted: August 28, 2015
Auburn industrial development offers flexibility in the industrial real estate marketplace - by Martin Reisner
Martin Reisner, Auburn Industrial Development Corp.The Auburn Industrial Development Corp. (AIDC) is industrial and commercial real estate developer offering high-end warehouse, R&D, flex, and office space throughout the Greater Auburn area.
AIDC features over 500,000 s/f of concrete, tilt slab constructed, high-bay warehouse space located in the heart of New England. All properties are within an immediate proximity to the Mass Pike, I-290, I-190, I-395, I-495, and Rtes. 146 and 20. AIDC’s central location makes it an ideal hub for industrial and commercial distributors. Major cities such as Boston, Providence, Hartford, Springfield, and Salem, N.H. are all located within 45 minutes.
In addition to location and the quality of building type, another one of AIDC’s major advantages is its flexibility. We can accommodate different sizes and types of business to meet their short term and long-term requirements.
All our warehouses are equipped with multiple loading docks and grade level drive-in doors, perfect for the national or regional warehouse distributor. We also offer space ranging from 5,000 s/f up to 60,000 s/f contiguous. This range of square footage gives tenants the ability to grow into additional space as their business expands.
But straight warehouse distribution is not AIDC’s sole product. Many of our properties are fitted up with substantial office and showroom areas. This is appealing to companies seeking to display and distribute their products while incorporating their administrative and sales staff under one roof.
AIDC recently added a unique and key component to its office space portfolio. We just unveiled a fully furnished executive suite, equipped with high-speed internet and phone service. This suite has multiple private offices, a reception area with printer, and a beautiful boardroom with a large 16-seat conference table and ceiling projection. This space has been a welcome addition, utilized by our existing tenant base for corporate meetings as well as new customers such as attorneys, mediators, and consultants who require a fully furnished and functional meeting space for their cliental. This Executive Suite is available for day, week, and month-to-month rental.
AIDC is a family owned and operated business and we take great pride in forging long term relationships with all our tenants.
Our wishes to all on a Healthy and Prosperous New Year!
Martin Reisner is the co-owner and property manager of the Auburn Industrial Development Corp., Auburn, Mass.
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.