**Manulife Acquires Tesla-Leased Industrial Facility Near Samsung’s Taylor Campus**
Investor interest remains strong near the $17 billion Samsung semiconductor manufacturing campus in Taylor, Texas, with significant commercial activity continuing to unfold. In one of the latest transactions, Manulife Investment Management has acquired a 183,340-square-foot, Class A industrial facility leased to Tesla under a 10-year agreement.
The deal was backed by a three-year, fixed-rate $32.2 million acquisition loan issued by BMO and arranged by JLL. The seller was Partners Real Estate.
This acquisition comes shortly after Tesla and Samsung signed a $16.5 billion contract under which the South Korean tech giant will manufacture chips for Tesla at its under-construction Taylor plant.
The warehouse is part of the RCR Taylor Logistics Park — a 750-acre, master-planned industrial hub with direct rail service via Union Pacific and BNSF Railway. Completed in 2025, the facility includes four dock-high doors, eight grade-level doors, five cranes, and a dedicated rail connection to the RCR network.
JLL’s Melissa Rose, Jack Britton, Nicole Barba, and Preston Bacon represented Manulife Investment Management in securing the acquisition financing.
