Jennings Real Estate Closes $2.15M Sale of 34,700 SF Industrial Warehouse in Pittsfield’s Downing Industrial Park, Representing Buyer and Seller in Massachusetts Distribution Deal

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Jennings Real Estate closed a $2.15 million sale of a 34,700-square-foot industrial warehouse in Pittsfield, MA. Representing both the seller and the buyer, the firm completed the April 2025 transaction at 74 Downing Parkway in the city’s Downing Industrial Park.

— Jennings Real Estate closed a $2.15 million industrial property transaction at 74 Downing Parkway in Pittsfield, Massachusetts. The sale involved a 34,700-square-foot warehouse located in Downing Industrial Park, one of the region’s most established zones for logistics and manufacturing. Jennings Real Estate represented both the seller, OBCC, LLC, and the buyer, Pittsfield Storage LLC.

Read the full case study: How an Industrial Warehouse Sale in Pittsfield Came Together Start to Finish

The warehouse sits on a 4.021-acre parcel and includes 22- to 31-foot ceiling heights, seven grade-level drive-in doors, two loading docks, and 1,600-amp, three-phase electrical service. Zoned IG (General Industrial), the facility supports a wide range of industrial uses, including manufacturing, storage, and regional distribution.

Jennings Real Estate managed the transaction from initial valuation to closing. The firm’s understanding of the Downing Parkway corridor and its existing buyer pool enabled a streamlined process and an outcome that met the goals of both parties.

“Our team understood the value this facility brings to the market, especially in a time when quality industrial space is in high demand but short supply,” said Kevin Jennings, President of Jennings Real Estate. “By facilitating both sides of the transaction, we ensured a smooth process and a result that made sense for both parties.”

Pittsfield Storage LLC plans to use the property as a distribution and storage facility. The building’s infrastructure and trailer accessibility aligned well with the buyer’s operational needs.

This transaction marks the fifth successful sale Jennings Real Estate has executed on Downing Parkway. The firm’s continued activity in the corridor reflects a strong track record in Berkshire County’s industrial real estate market.

Property Highlights

Address: 74 Downing Parkway, Pittsfield, MA
Building Size: 34,700 SF
Lot Size: 4.021 acres
Sale Price: $2,150,000
Ceiling Height: 22’–31′
Loading Access: 7 grade-level drive-in doors, 2 loading docks
Power: 1,600-amp, 3-phase electrical
Zoning: IG – General Industrial
Use: Distribution, storage, light manufacturing

The sale of 74 Downing Parkway adds to the ongoing activity within Pittsfield’s industrial sector, where users continue to pursue well-located, infrastructure-ready facilities. Transactions like this reflect steady demand for functional space in established corridors such as Downing Industrial Park.

About Jennings Real Estate Services

Jennings Real Estate is a commercial real estate firm based in Springfield, MA. The firm specializes in industrial, office, and investment property sales across Western Massachusetts and represents clients in complex, multi-party real estate transactions.

About the company: US Commercial Lending News delivers expert reporting and industry analysis across commercial real estate, lending, banking, finance, and investment sectors. From interest rate trends to major acquisitions and market-shaping technologies, our coverage connects decision-makers to the insights that drive the future of business and investment.

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Release ID: 89158555

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