151 Charles F. Colton Road
Update
01/10/25
Taunton Industrial Property Acquired for $44M
JLL Capital Markets has announced the sale of 151 Charles F. Colton Road, a 198,720-square-foot, Class A distribution center in Taunton, Massachusetts. Land records show a sale price of $44,250,000. JLL worked on behalf of the seller, a fund managed by Brookfield Asset Management. An Ares Management Real Estate fund acquired the asset, and the property will be managed by Ares Industrial Management. Built in 2014, the state-of-the-art facility features 28-foot clear heights, 30 loading docks, 23 trailer parking spaces and ESFR fire protection. The facility is 100% leased to a leading tire and automotive service company in New England. The property last traded in May of 2021 for $29,000,000.
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