Millbury Street, Auburn, MA
on two levels
This former shoe distribution facility was vacated in the mid
1980's and lay fallow for many years, much to the distress of the
owners and the town. While a very large two-story facility, the
second floor was difficult to access via conventional elevators
and stairs. Liberty Companies recognized the potential value, particularly
with the property's ready access to the Massachusetts Turnpike,
and acquired the facility in 1992 for $3.5 million. Liberty analysts
believed the facility would be best used as a first class warehouse
or industrial space; however, second floor access remained problematic.
The solution: a large ramp was built to the second floor at a cost
of nearly $1 million. Twelve additional loading docks were added
on the second floor, essentially creating two independent warehouses.
The building, which sits on thirteen acres, was leased long-term to Filene's Basement. In 2007, Rabina Properties, LLC purchased the 456,920 SF state-of-the-art distribution building Liberty Properties had built.