Campanelli Companies focuses on value-added acquisitions in Eastern Massachusetts for redevelopment & repositioning in the market. Property types include multi-tenant flex, office and light industrial buildings located within business parks and should have additional development capacity on site. Properties should provide long-term income growth and be priced below replacement cost follow these acquisition parameters:

Primary Markets: Eastern Massachusetts; Boston Metro Area; Rhode Island and Connecticut

Property Types:

  • Multi-tenant properties or properties that is easily reconfigured to suit tenant needs
  • Flex / service center / light industrial / light manufacturing / low rise office buildings/ distribution/retail) / multi-family
  • Parking ratio adequate for the type of product
  • Prefer good highway access / visibility
  • Additional Development opportunities

Age: Variable

Investment Range: 5 million to $100 million
We have the ability to acquire large portfolios and will consider acquisitions below $5 million that are close to existing properties owned by Campanelli

Terms: All cash or cash to existing debt

Contract Capabilities: A typical transaction would involve a 30-45 day due diligence period with a 10-30-day closing.

Comments: NOI growth is an important factor in all transactions.

Property Name:
Upland Woods

Upland Woods was acquired from Polaroid Corporation in 2003 as a 131-acre campus with two buildings.