Properties
Industrial

114 East Main Street | AMSC—

Ayer, MA

About The Property

In 2017, GFI Partners met with American Superconductor (AMSC) to discuss their current manufacturing and office requirements. AMSC was the property owner of 64 Jackson Road Devens, MA and was looking for a new efficient manufacturing headquarters and facility due to changes in their manufacturing process.

GFI Identified a former food manufacturing facility that was being vacated. Working with AMSC and the local government, GFI renovated and relocated AMSC to its new state-of-the-art home at 114 East Main Street Ayer, MA. 

As part of the transaction, GFI purchased 64 Jackson Road in Devens. After the relocation of AMSC, GFI renovated 64 Jackson Road, a 355,000 SF industrial warehouse facility for an existing tenant of the GFI portfolio and eventually sold the Devens property in 2019.

Aerial view of a large rectangular industrial building with a flat roof, surrounded by a parking lot with several cars. Trees and smaller buildings are visible in the background under a clear blue sky.
Aerial view of a large rectangular industrial building with a flat roof, surrounded by a parking lot with several cars. Trees and smaller buildings are visible in the background under a clear blue sky.

Project Specifications

89,560
SF Redeveloped Space
AMSC
Tenant Relationship
2
Repositioned Assets
100%
Leased

114 East Main Street
Before

Aerial view of a large, flat-roofed industrial building surrounded by trees. A railway line runs parallel to the building. Nearby, theres a small neighborhood with houses and a distant body of water. Parking lot in the foreground is mostly empty.
Aerial view of a large, flat-roofed industrial building surrounded by trees. A railway line runs parallel to the building. Nearby, theres a small neighborhood with houses and a distant body of water. Parking lot in the foreground is mostly empty.
Aerial view of a large, flat-roofed industrial building surrounded by trees. The roof shows wear in spots. Nearby are train tracks, small structures, and a river, set against a backdrop of dense forest and distant hills.
Aerial view of a large, flat-roofed industrial building surrounded by trees. The roof shows wear in spots. Nearby are train tracks, small structures, and a river, set against a backdrop of dense forest and distant hills.
Aerial view of a large, white industrial building surrounded by dense green forest. In the background, a road curves through a residential area with houses. The sky is cloudy, and the landscape is mostly verdant with patches of development.
Aerial view of a large, white industrial building surrounded by dense green forest. In the background, a road curves through a residential area with houses. The sky is cloudy, and the landscape is mostly verdant with patches of development.
Aerial view of a large warehouse building with a white flat roof, surrounded by a parking lot. The building is set amidst a forested area with a distant view of hills and a clear sky.
Aerial view of a large warehouse building with a white flat roof, surrounded by a parking lot. The building is set amidst a forested area with a distant view of hills and a clear sky.
Aerial view of a rectangular, two-story brick building with a flat roof, surrounded by trees. Two vehicles are on a curved driveway leading to the building. Theres a trash bin area nearby, and the scene is set under a partly cloudy sky.
Aerial view of a rectangular, two-story brick building with a flat roof, surrounded by trees. Two vehicles are on a curved driveway leading to the building. Theres a trash bin area nearby, and the scene is set under a partly cloudy sky.

114 East Main Street | Completed Project

Aerial view of a large rectangular industrial building with a white roof, surrounded by trees and a parking lot. Nearby are residential homes and wooded areas, under a clear blue sky.
Aerial view of a large rectangular industrial building with a white roof, surrounded by trees and a parking lot. Nearby are residential homes and wooded areas, under a clear blue sky.
A spacious, well-lit office lounge area with large windows overlooking a wooded view. It features modern gray chairs around small tables on a rug, and a kitchenette with seating in the background. The letters AMSC are visible on one wall.
A spacious, well-lit office lounge area with large windows overlooking a wooded view. It features modern gray chairs around small tables on a rug, and a kitchenette with seating in the background. The letters AMSC are visible on one wall.
Aerial view of a large industrial building surrounded by trees and a snowy landscape. The building has a flat roof and is adjacent to a rail line. The sky is partly cloudy with patches of blue.
Aerial view of a large industrial building surrounded by trees and a snowy landscape. The building has a flat roof and is adjacent to a rail line. The sky is partly cloudy with patches of blue.