MetLife Investment Management Provides $44.75M Loan For Cold Storage Facility In Fall River

A cold storage facility under construction at 1151 Innovation Way in Fall River, MA, features a total square footage of 147,500. The project is currently secured with financing amounting to $44,750,000 from MetLife Investment Management, and it is scheduled for completion in March 2026.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $44,750,000
• Address: 1151 Innovation Way
• Market: Fall River, MA
• Lender: MetLife Investment Management
• Square Footage: 147,500
• Completion Date: March 2026

The financing for the project was provided by MetLife Investment Management, indicating a notable collaboration in the development of the cold storage facility. This transaction highlights the ongoing investment in industrial assets in the Fall River area.