realestate

Newmark Appointed Exclusive Leasing Agent for Oxford, MA Industrial Complex

Newmark Appointed Exclusive Leasing Agent for 450,000-SF Oxford Industrial Development

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ewmark has been appointed as the exclusive leasing agent for 75 Depot Road, a 450,000-square-foot Class A industrial development in Oxford, Massachusetts. The project will be led by Executive Managing Directors Tyler McGrail, Ed Jarosz, and Rick Schuhwerk, along with Associate Director Michael Malinconico.

    Located on a 130-acre parcel with direct access to Interstate 395, the site offers prime connectivity to Greater Boston's key logistics corridors. The facility is designed for flexibility, allowing it to serve a single tenant or be subdivided into smaller units. Key features include 32-foot clear heights, 114 loading docks, two drive-in doors, and ample parking.

    "This development presents an exceptional opportunity in the region," said McGrail. "Its world-class infrastructure and prime location make it an attractive option for large-format logistics users." The project is fully entitled and expected to be completed within 12 months.

    The Greater Boston industrial market remains resilient, with vacancy rates at 8.8% and asking rents reaching a record-high of $16.64 per square foot triple-net. This new development adds a significant option for users seeking high-performance logistics space in a tight market, solidifying the area's status as a key hub for regional distribution and industrial activity.

Newmark appointed as exclusive leasing agent for Oxford, MA industrial complex development.