Martignetti Companies Leases Industrial Property In Taunton, MA To Ferguson Plumbing Supply
LEASED
$11
Massachusetts
See Similar DealsIndustrial260,150 SF
Leased 12/21/2022
LEASED
Martignetti Companies Leases Industrial Property In Taunton, MA To Ferguson Plumbing Supply
300 Charles F. Colton Road, Taunton, Massachusetts 02780, United States
See Similar DealsIndustrial260,150 SF
Leased 12/21/2022
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$11
Total Square Footage:260,150 SF
Transaction Type:Lease
The industrial property located at 300 Charles F. Colton Road in Taunton, MA has been leased. The property spans a total of 260,150 square feet, with an asking rent of $11.75 per square foot. The lease term is set for 10 years.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: N/A
- Address: 300 Charles F. Colton Road - Taunton Trade Center, Taunton, MA
- Market: Taunton, MA
- Landlord: Martignetti Companies
- Tenant: Ferguson Plumbing Supply
- Landlord's Representative: Philip Verre, Robert (Rob) Byrne, Peter Whoriskey & Paul Leone - Cushman & Wakefield
- Tenant's Representative: CBRE
Philip Verre, Robert Byrne, Peter Whoriskey & Paul Leone from Cushman & Wakefield represented the landlord, Martignetti Companies, in the lease transaction. CBRE acted as the tenant's representative.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,504,235.64
Total Lease Value
$35,042,356.38
Net Landlord Cash Flow$3,504,235.64
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