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Boston & New England  + Metro Boston  + Industrial  | 

Shearwater Cos. Acquires Two-Property Flex Portfolio in Taunton

Colliers arranged the $4.4-million sale of a two-property flex portfolio in Taunton. The properties are located at 520 and 540 Myles Standish Blvd., approximately 40 miles south of Boston.

Caleb Hudak, Ovar Osvold and Sean Hannigan of Colliers represented the seller, Rock Partners, in the transaction. The buyer was The Shearwater Cos., which saw the acquisition as a strategic addition to its existing portfolio in the area.

The properties, which total 35,000 square feet, are currently leased to Utz Quality Foods and the Commonwealth of Massachusetts’ Department of Revenue. The 540 Myles Standish Blvd. property underwent a complete renovation in 2011.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition