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Boston & New England  + Metro Boston  + Industrial  | 

CBRE Arranges $29M Sale of Industrial Facility in Taunton

CBRE has brokered the $28.6 million sale of a 181,900-square-foot industrial facility in Taunton, MASS.

Built in 2002, the facility is located at 530 John Hancock Road and is 100 percent occupied by DHL Supply Chain, the third largest logistics company in North America. The facility sits on 11 acres and offers 32-foot clear heights, two-sided loading that allows for multi-tenant functionality, ESFR sprinkler system, and generous truck courts that provide for excess trailer storage. The facility is located within the master-planned Myles Standish Industrial Park, an 810-acre industrial complex that is home to an array of tenants that include Verizon, Americold, Williams Sonoma, LKQ, Reinhart, Pepsi and Ryder.

Chris Skeffington, Scott Dragos, Doug Jacoby, Roy Sandeman, Tim Mulhall, Daniel Hines and Tony Hayes of CBRE represented the seller, Invesco Real Estate, in the transaction. The buyer was The Davis Cos.

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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.

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