J
LL Capital Markets has announced the sale of 242 Libbey Industrial Parkway, a 27,000-square-foot warehouse facility in Weymouth, Massachusetts. The Class A shallow-bay warehouse features 24-foot clear heights and ample loading and parking for tenants.

    Located 16 miles south of Boston, the property offers easy access to major transportation routes, including Route 3, I-93, and I-95, making it an ideal location for distribution and logistics operations. The facility is fully leased to three tenants and benefits from a robust labor pool in the area.

    The JLL Capital Markets team led by Managing Director Michael Restivo facilitated the sale on behalf of buyer Sticks Investment Group. "This sale highlights the enduring demand for well-located shallow bay industrial properties," said Restivo. "With its strategic location, it meets the growing need for last-mile distribution and local service providers."

    Fulcrum Real Estate Partners sold the property, which was built in 2004. The company specializes in syndicated investments in industrial, warehouse-distribution, and office properties throughout New England.

    Sticks Investment Group is a Boston-based real estate investment firm that focuses on acquiring, owning, and operating industrial real estate in New England. Founded by Bob Indeglia in 2023, the company prioritizes integrity, transparency, honesty, and resiliency in its operations.