CBRE|Melody backs Avon building

The Boston office of CBRE|Melody said today it has arranged $17.25 million in acquisition financing for an office and warehouse building in Avon.

The financing was secured for the building's new owner, Calare Properties Inc., real estate investment, management, and development firm in Hudson, CBRE|Melody said.

Built in 1974, the 405,628 square-foot building is located at 57 Littlefield Rd. in Avon and is 87 percent occupied, CBRE|Melody said.

CBRE|Melody is the debt-and-equity placement division of CB Richard Ellis, a global real-estate services firm with headquarters in California.
(By Chris Reidy, Globe staff)