realestate

Foxfield Expands East Coast Portfolio with Mansfield Office Building Acquisition

Foxfield Acquires 155,348-Square-Foot Class A Office Property in Cabot Business Park.

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oxfield, a real estate investment and development firm, has acquired 9–11 Hampshire Street in Mansfield, MA for $10.2 million. The property is a 155,348-square-foot Class A office building located in Cabot Business Park, one of Greater Boston's most prominent business campuses.

    The acquisition brings Foxfield's total investments since 2022 to over $215 million, highlighting the firm's focus on well-located suburban and infill office assets. The property is strategically positioned at the intersection of I-95 and I-495, offering easy access to Boston (35 miles north) and Providence (25 miles south).

    The building is currently anchored by tenants such as Roche Bros. Supermarkets and Trimark USA, with approximately 24% available for lease. This provides companies with an opportunity to secure flexible space in a high-demand environment.

    Foxfield's Managing Partner, Jeff Theobald, stated that the acquisition represents the firm's pursuit of high-quality, well-located assets. With strong existing tenants and additional space available to lease, the building is poised to deliver value within one of Greater Boston's strongest suburban markets.

    CBRE will lead leasing efforts at the property, targeting office users seeking flexible floor plans and a location that bridges Greater Boston and southeastern Massachusetts. The sale was brokered by CBRE Capital Markets.

    This acquisition underscores Foxfield's ongoing expansion strategy in key suburban and secondary markets, where demand for accessible, cost-effective office space remains resilient. The firm continues to target similar acquisitions across the East Coast and beyond, leveraging its nimble investment approach and deep market relationships.

Foxfield acquires Mansfield office building, expanding East Coast portfolio and presence.