Portman Industrial Acquires Development Site In Taunton, MA For $75M
1 Galleria Mall Drive
1,100,000 SF
Summary
Thibeault Development has recently sold a development site located at 1 Galleria Mall Drive in Taunton, MA. The property, which spans 147 acres, was purchased by Portman Industrial for a total price of $75,000,000. The site has a total square footage of 1,100,000, resulting in a price per square foot of $68. Thibeault Development, led by William Thibeault, acted as the seller in this transaction.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $75,000,000
- Address: 1 Galleria Mall Drive, Taunton, MA
- Market: Taunton, MA
- Square Footage: 1,100,000
- Price per Square Foot: $68
- Acres: 147
- Seller: Thibeault Development - William Thibeault
- Buyer: Portman Industrial
- Broker: Scott Dragos - CBRE
Thibeault Development purchased the Silver City Galleria Mall at a public auction two years ago for $7,500,000. As part of the purchase agreement with Portman Industrial, Thibeault's subsidiary company Great Northern Site demolished the 1.1 million square-foot mall. For more information about this transaction, please contact Thibeault Development at 617-799-0527.
Read LessPlayers
All
2
Agents
1
Agencies
1
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want