JMS sheds Mass. properties in $12M deal

Two buildings featuring both office and warehouse space in Peabody, Mass., recently sold for $12.1 million.

B&H Group Ltd. purchased the properties, which comprise a total of 126,801 square feet, from JMS Realty Trust.

Nine Centennial Drive, a 75,000-square-foot office building, and 10 Technology Drive, a 51,000-square-foot office/warehouse building, are both located in Centennial Park. Built in 1986, 9 Centennial Drive is a two-story building ideal for either office or R&D use. The Technology Drive space is a single-story building built in 1980 that is suitable for light manufacturing, distribution and R&D users.

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