CB Richard Elli/New England is pleased to present the availability of 20 Townsend Road in Attleboro, Massachusetts. This property totals 93,773 SF and is subdividable down to 11,000 SF. Located only one mile from Route 123 and Interstate 95 in the Attleboro Industrial Park, this newly redeveloped property offers great flexibility for both Massachusetts and Rhode Island industrial users.
The subject property is located in the city of Attleboro, Massachusetts 25 miles from two state capitals, Providence, RI and Boston, MA. With highway entrances within three miles, the subject property has exceptional access to Interstate 95. Two other major highways, Interstate 295 and Route 1 are also located in Attleboro providing additional access to the subject property. Additionally, Attleboro is also home to two train stations serviced by the Massachusetts Bay Transportation Authority Commuter Rail.
Not only is the subject property located on a major industrial thoroughfare, but the property is a central component of The Attleboro Industrial Park, one of the city’s most prominent industrial parks. The park is an active industrial center with 30 businesses conducting operations within its bounds.
The subject property falls within the bounds of the Greater Boston industrial market and the Route 495-South submarket. The rentable area for the Greater Boston market is 144,000,000 square feet with 27,950,000 square feet within the Route 495 South submarket, with vacancy rates of 17.1% and 14.5%, respectively. However, within the Attleboro Industrial Park, the vacancy rate is 10.0% with only 7.0% vacancy for properties of a comparable size to the subject.
