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Brookfield Fund Trades Fully Leased Taunton Industrial - Connect CRE

Summary by Connect CRE
JLL Capital Markets closed the sale of 151 Charles F. Colton Rd., a 198,720-square-foot, Class A distribution center in Taunton, MA. The purchase price was not disclosed; the property last traded in 2019 for $25.7 million. A JLL team led by managing director Michael Restivo and director David Coffman worked on behalf of the seller, a fund managed by Brookfield Asset Management. An Ares Management Real Estate fund acquired the asset, and the prop…
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