Hunneman announces today the sale of a two-building industrial portfolio in Woburn, totaling 53,620 SF.The Hunneman Investment Sales team of Ian McKinley andHenry Lieber and 128 North leasing experts Mike Allenand Steve James represented the seller, Madico, Inc. The buyer of the of the well-located portfolio was Calare Properties.

The Woburn buildings, located at 64 Industrial Parkway and 1 Adele Road total 53,620 SF of industrial, manufacturing and warehouse space. Both buildings were occupied by Madicoand are available for lease.

“We are excited for Madico, Inc. andCalare Properties to have closed the sale on this high demand property in one of the hottest suburban industrial markets,” said McKinley. “Our leasing team is looking forward to representing Calare in the leasing of 64 Industrial Parkway and 1 Adele Road.”

About Hunneman:

Hunneman Headquartered in Boston, Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. To learn more about Hunneman, please visit www.hunnemanre.com.

About Calare Properties

Calare Properties is a private real estate manager and operator focused on acquiring warehouse, manufacturing, research and flex/office commercial real estate for the economic benefit of our investors and strategic partners. Since the firm’s inception in 2003, Calare has led the acquisition of over 19 million square feet of properties representing $850 million in transactions through funds, direct deals and a multi-asset portfolio. Further information is available at www.calare.com.