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53K SF Woburn Industrial Facility Trades for $5.36M at 16 Conn St.

MANSARD Commercial Properties brokered the $5.356 million sale of a 53,319-square-foot industrial building at 16 Conn St. in Woburn.

MANSARD Commercial Properties has completed the $5.356 million sale of 16 Conn St. in Woburn, Massachusetts. The 53,319-square-foot industrial facility, situated on 4.05 acres, was previously the longtime home of food processor Dole & Bailey and was delivered vacant at the May 15, 2026, closing. The property includes 10 loading docks, two drive-in doors, and integrated refrigeration systems.

Jeremy Cyrier of MANSARD led the transaction, employing a strategic asset evaluation and national marketing campaign to reposition the site for potential use in manufacturing, logistics, or life science operations. The sale highlights sustained investor demand in the supply-constrained Wilmington/Winchester submarket, which reported 2.4% year-over-year rent growth and minimal new construction pipelines as of Q2 2026.

Companies mentioned

broker

MANSARD Commercial Properties

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