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March 21, 2018  


Warehouses Near BostonL&B Realty will realize an initial annual yield of just above 6% on its $72.7 million acquisition this month of two warehouses, totaling 755,000 square feet, in suburban Boston. The buildings, at 154 Campanelli Drive in Middleborough, Mass., and One Distribution Center Circle in Littleton, Mass., are fully occupied with a weighted average remaining lease term of five years. The seller, Novaya Real Estate of New York, was...

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