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Wheelock, Camber Secure Financing for Boston-Area Logistics Development

Construction on New 237,800-Square-Foot Warehouse Set To Be Completed in the Third Quarter of 2024
JLL Capital Markets arranged $57 million in construction financing for 800 Salem St., a new logistics development totaling 237,800 square feet in Wilmington, Massachusetts, designed to be one of the first fully electric warehouses in the state. (CoStar)<br>
JLL Capital Markets arranged $57 million in construction financing for 800 Salem St., a new logistics development totaling 237,800 square feet in Wilmington, Massachusetts, designed to be one of the first fully electric warehouses in the state. (CoStar)
By David Del Castillo
CoStar Research
January 26, 2024 | 10:05 P.M.

A joint venture of Wheelock Street Capital and Camber Development has secured $57 million in construction financing and is well underway on 800 Salem St., a 237,800-square-foot industrial logistics development in Wilmington, Massachusetts. The project is expected to be completed in the third quarter of this year.

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