CrowdStreet, Inc. has successfully secured $11.5 million in funding for the development of a 180,000-square-foot Class A flex manufacturing facility in Taunton, Massachusetts by Rhino Capital Advisors. The project will be situated on 11.25 acres within the highly sought-after Myles Standish Industrial Park and will feature a one-story building with ample amenities including 270 parking spaces and five loading docks.
Rhino Capital Advisors specializes in developing industrial properties within the Boston metro area and has previously completed a similar project nearby in 2020. This new property boasts an impressive power capacity of up to 8,000 amps specifically designed to cater to manufacturing companies’ needs. With notable tenants such as Amazon and Verizon already occupying space within Myles Standish Industrial Park, it is evident that there is strong demand for modern industrial facilities.
Having raised over $4.2 billion for more than 798 commercial real estate projects across the United States thus far,CrowdStreet continues its successful track record with this latest venture.”The growing demand for industrial properties signals positive growth prospects ahead as we see stability returning to the commercial real estate market,” stated David Govshtein, managing director at CrowdStreet.”We are confident that this trend will persist as businesses expand their workforce which ultimately contributes towards strengthening our thriving industrial sector.”
This recent development marks another milestone achievement by CrowdStreet without any mention of Connect CRE or specific locations such as LA or Texas.The post serves only informational purposes while adhering strictlyto SEO guidelinesand expert writing techniques using active voice along with proper grammar usageand punctuation rules.
