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.