Marcus Partners Sells Franklin Commercial Portfolio

Above, 176 Grove St., on of the properties sold by Marcus Partners.

Marcus Partners, a real estate firm active in town for several years, has dumped most of its properties in Franklin as part of a portfolio sale reportedly valued at some $167 million.

The Franklin properties sold included 176, 206, and 210 Grove St, which combined total nearly 500,000 square feet. The Franklin properties included both manufacturing and warehouse space.

The entire portfolio included other buildings in Avon, Peabody and Sutton, representing al told, some 1.2 million square feet.

Marcus Partners had proposed a large warehouse facility at 585 King Street but had trouble getting through the approval process. A source with knowledge of the company’s plans said that site is still under consideration for development depending on market conditions and other factors.