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Myles Standish Industrial Development
Industrial | Taunton, MA

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Flex industrial development addressing demand by bringing high power capabilities, a key market differentiator, to Massachussets' largest industrial park in a 97%+-occupied submarket.

Deal Highlights

  • Rare, high power capability to help satisfy increased demand
  • Robust market fundamentals: sub-5% vacancy, ~10% YoY rent growth
  • One of the final developable sites in Massachusetts’ largest industrial park
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Value-add acquisition by repeat sponsor of a partially renovated, 308-unit multifamily community located 18 miles northeast of downtown San Antonio, TX, seeking to assume fixed-rate loan and plans to renovate an additional 55% of units.
~29% purchase discount per unit compared to most recent sales comps in the area
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