JLL closes $17.85M sale of 67,000-square-foot warehouse facility in Greater Boston area

BOSTON, Nov. 18, 2025 –  JLL Capital Markets announced today the $17.85 million sale of 8 Roessler Road, a 66,970-square-foot warehouse facility strategically positioned in Greater Boston's Route 128 North submarket.

JLL represented the seller, a joint venture between Oliver Street Capital and Bain Capital’s Real Estate team, in the sale. Sagard Real Estate acquired the asset.

The facility has served as the headquarters for Atlantic Plywood Corporation, one of the largest suppliers of hardwood plywood and panel products on the East Coast, since 1987.  Set on 3.33 acres, the facility features 24-foot clear heights, front-loading configuration with two dock-high doors and four drive-in doors, plus 55 automobile parking spaces. Unique to the Boston market, the property includes rail access, enhancing its distribution capabilities.

The property is strategically positioned at the intersection of Interstate 93 and Interstate 95, providing connectivity to major highway networks, as well as last-mile accessibility to Boston's business community. The central, access-oriented location within Woburn offers proximity to dense blue-collar labor pools while leveraging major transportation arteries for regional and national distribution.

The JLL Capital Markets team was led by Managing Director Michael Restivo, Director David Coffman and Director Tommy Hovey.

"The exceptional response from our marketing campaign demonstrates the scarcity and desirability of infill industrial assets with long-term, credit-worthy tenancy," said Restivo. "Having a headquarters user like Atlantic Plywood with nearly 40 years of occupancy history, combined with the property's irreplaceable location at major highway intersections, created a perfect storm. Investors recognized this rare combination of income stability and strategic positioning simply doesn't come to market frequently in Greater Boston's supply-constrained environment."

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500^® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Founded in 2014, Oliver Street Capital is a Boston-based real estate investment manager focused on acquiring, financing, and managing high-quality industrial real estate assets in supply-constrained markets. Its principals have more than four decades of combined experience. The Oliver Street team currently owns and operates infill industrial properties in Boston, New Jersey, Northern Virginia, and Maryland. To find out more,

visit www.oliverst.com

Bain Capital Real Estate was formed in 2018 and pursues investments in often hard-to-access sectors underpinned by enduring secular trends that drive long-term demand growth for real estate assets and services. The Bain Capital Real Estate team has been executing its strategy since 2010 (formerly as a part of Harvard Management Company), having invested and committed over $10.4 billion of equity across multiple sectors. Bain Capital Real Estate focuses on assets where the team applies its deep industry expertise to accelerate impact and drive operational improvements. Bain Capital Real Estate's strategy aligns with the value-added investment approach that Bain Capital pioneered and leverages the firm's global platform and significant experience across asset classes to further bolster its insights and sourcing capabilities. Bain Capital is one of the world's leading private investment firms with approximately $205 billion of assets under management. For more information, visit https://www.baincapitalrealestate.com.

Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, debt origination, asset management, development, and property management for investors. With US$5.2 billion in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com/realestate or follow us on LinkedIn.