Charlton, MA An affiliate of GFI Partners of Boston purchased 221 acres of industrial zoned land at 241 Sturbridge Rd., from Greenhill Realty Trust on October 25, 2023 for $8.3 million. NAI Glickman Kovago & Jacobs principal James Glickman, represented the seller in this transaction.

GFI Partners is a real estate developer, operator and investment manager based in Boston, MA, and plans to build a distribution center on the site.

Glickman said, “GFI Partners holds a current portfolio of over 10 million s/f of real estate, and is actively engaged in creating new opportunities that bring value and success to its investors and partners. We are thrilled to have been a part of this growth for them and to bring a successful sale to Greenhill Realty Trust.”