TA Realty sells Taunton industrial building for $25.7m

TA Realty sold an industrial building in Taunton, Massachusetts, for $25.7m. The 200,000 sq ft the asset features 32-foot clear heights, 40-foot by 47.5-foot column spacing, 45 loading docks, ESFR sprinklers along with 250 car parking and 18 trailer storage spaces. The facility is currently 70 percent leased to Williams Sonoma as a furniture distribution center for its Pottery Barn, Pottery Barn Kids, PBteen, West Elm and Rejuvenation brands. The warehouse was built in 2016 on a 14.5-acre site inside the 810-acre Myles Standish Industrial Park. Newmark Knight Frank represented the seller during the transaction. The name of the buyers was not disclosed.