News: Owners Developers & Managers

Newmark Knight Frank arranges 355,000 s/f full building lease for GFI Partners to Quiet Logistics

64 Jackson Road - Devens, MA

Devens, MA Newmark Knight Frank (NKF) has completed a 355,000 s/f lease to Quiet Logistics at 64 Jackson Rd. NKF executive managing directors Rick Schuhwerk, Ed Jarosz and Tony Coskren, along with managing director Brian Pinch and associate Lizzie Kusbit represented the property owner, GFI Partners, in the transaction. 

Built in 2000, 64 Jackson Rd. is a 355,000 s/f, class A warehouse/distribution facility on 34.89 acres. Located in Devens Commerce Center, 64 Jackson Rd. is a first-class facility featuring 26’ ceilings, full AC and humidity control, infrastructure, 28,000 AMPS and a full-service cafeteria. GFI Partners acquired 64 Jackson Rd. vacant in March.

Relocating from 184,077 s/f at 235 Barnum Rd., Quiet Logistics is a fulfillment provider specializing in innovating brands and e-commerce solutions. The rapidly growing firm sought larger space to house its workforce and signed the full-building lease at 64 Jackson Rd. NKF represented ownership in the lease negotiations while Quiet Logistics was represented by Colliers International.

“Quiet Logistics will enjoy the benefit of expanding their footprint within Devens in a state-of-the-art facility with unmatched distribution access throughout New England,” said Coskren. “The transaction is a testament to GFI’s creativity and forward thinking, having acquired the vacant facility just six months prior securing the full-building user.”

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,