440 Hartford Turnpike—
About the Property
440 Hartford Turnpike, an approximate 10.5-acre site located along Route 20 in Shrewsbury, was acquired by GFI Partners in 2021. Originally permitted as a 40B residential project, the development team went back to amend the permits using the under lying zoning as a speculative industrial warehouse development. As part of the permitting process, GFI worked with the Town of Shrewsbury and Town meeting members to amend the zoning bylaws to allow for flexible loading and building height requirements by special permit. Once approved, GFI was ready to start marketing the property.
In 2023, GFI was approached by global manufacturing leader in nanopositioning, ultra-precision motion control and piezo technology, Physik Instrumente (PI-USA). The company, committed to expanding its U.S. production, was searching for a new US Headquarters location. Working together, GFI designed and permitted a 146,000 SF, state-of-the-art, manufacturing and distribution facility that will be three times the size of their current space in Auburn, MA.
Construction for the project commenced in 2024 and is expected to be completed in the Summer of 2025.

Construction Progress

