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Cushman & Wakefield has advised Martignetti Companies on the procurement of $92 million for the refinancing an industrial asset in Taunton, MA.

Martignetti Companies Secures $92M Refi for Taunton Distribution Center

Cushman & Wakefield has served as the advisor to Martignetti Companies in the procurement of $92 million for the refinancing of 500 John Hancock Road, a Class A core industrial asset located in Taunton, MA. The 12-year, fixed-rate loan was provided by Northwestern Mutual.

A Cushman & Wakefield team of Tom Sullivan and Ross Fishman represented the borrower.

“This facility is considered to be one of the finest across the country,” said Sullivan. “The property’s high-quality tenancy and incredible strategic regional accessibility drove a highly competitive process. The lender recognized the uniqueness of this property and provided creative loan terms tailored to meet ownership’s needs.” 500 John Hancock Road is a LEED Silver-certified, 630,000-square-foot distribution center situated in the 800-acre Myles Standish Industrial Park. The property is 100% leased by a tenant that has invested capital into the site and facility to create a campus environment for employees and allow for future needs.

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Cushman & Wakefield’s Sullivan

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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