Rhino Capital Advisors Breaks Ground on Easton Warehouse

Rhino Capital Advisors recently celebrated the groundbreaking of their upcoming 101,200-square-foot warehouse development at 530 Turnpike Street in Easton, MA. The facility will be fully leased by Beacon Roofing Supply. Construction is expected to be complete in spring 2024.

The acquisition of the property was facilitated by Hunneman. Hunneman’s Executive Vice Presidents Ned Halloran, Leeanne Rizzo, Ken Oppenheim, and Assistant Vice President Connor Hayes represented the seller, Easton Golf LLC and procured the buyer, Rhino. The Capital Markets debt placement team representing the borrower was led by Hunneman’s Executive Vice President Andrew Kaeyer and Assistant Vice President Bill Rand and identified the lender, HarborOne.

“It was a pleasure working with all parties involved during this successful project,” said Hunneman’s Ned Halloran. “We would like to credit the Rhino team for all their efforts to work through the permitting process as well as securing a long-term lease with Beacon Roofing Supply for the entire facility. This project could not have resulted in a better outcome.”

“We are excited to develop this building for our friends at Beacon and are grateful to the Hunneman team for identifying this site, securing our lender, and assisting with finalizing the lease,” said Michael Olson of Rhino.

With the anticipated completion in Q2 2024, a full-building lease was secured for Beacon Roofing supply to relocate its local operations to the property. Beacon, headquartered in Herndon, Virginia is the largest publicly traded distributor of roofing materials and complementary building products.

Photo: Rhino Capital Advisors

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