Jumbo Capital's mission is to generate above-market, risk-adjusted returns for its investors through a comprehensive and fundamental, value-based investment approach.
While achieving these returns, we are creatively building better communities, improving our environment, and creating jobs for the future through the trust of our investors, tenants, and partners.
WESTMINSTER — Having turned the sand pit at Lot I-7 into a multi-million dollar gold mine through three years of improving. grading and permitting 48 acres here in the Westminster Business Park, a local investment trio including Jumbo Capital founding principal Jay O. Hirsh has sold its fully approved project at Theodore Drive to EIP , both sides are acknowledging while old friend Home Depot is in talks with EIP to lease space in the massive building, President Bruce A. Levine confirms, the homegrown company doing a build-to-suit warehouse for the same denizen in Tewksbury pre-pandemic, that structure even bigger at 702,000 sf already in operation.
Privately held real estate investment firm, Jumbo Capital has completed the sale of its property at 1400 Providence Hwy., to Ajax Partners of New York. The 155,975 s/f flex space facility off of Rte. 1 is comprised of three separate single and multi-story buildings. Notable tenants include ADT, Stanley Black & Decker and Autopart International, among others.
Size could very well matter, as some will claim, but perhaps not always favoring a certain direction, and one outlier to living large is emerging here at 30Dan Rd. where partners Jumbo Capital and Apollo Global Management have their135,600-square foot GMP/advanced manufacturing facility open for business through Colliers International at a moment when user appetites are leaning towards leaner space choices, a shift from bigger=better mindsets that created industrial behemoths statewide so cavernous at one million sf and counting experts say they cannot be chopped into French cuisine "portions."
According to Colliers, the 135,600 s/f of purpose-built GMP/advanced manufacturing space has been completed at 30 Dan Rd. A Colliers team led by executive vice president Kevin Hanna and senior vice president Kevin Brawley is seeking a new tenant on behalf of the owners, Jumbo Capital Inc. and certain funds affiliated with Apollo Global Management.