Marcus Partners Sign Industrial Outdoor Storage and Build-to-Suit Deal in Taunton

Project is the Firm’s 2nd Office-to-Industrial Development in Myles Standish Park

Marcus Partners today announced an industrial outdoor storage (“IOS”) and ground-up, build-to-suit deal with a large utility provider at 425 John Quincy Adams in Myles Standish Park in Taunton, MA. This will be the firm’s second office teardown to industrial change of use project in the park. The project is expected to deliver in late 2025.

“We are seeing demand from users who want IOS with quality ancillary facilities in prime locations,” said Josh Berman, Principal, Head of Construction at Marcus Partners. “The current market demands strategic thinking and creative approaches to change-of-use opportunities in order to maximize underutilized sites.”

The property was formerly home to a 95,000 SF office building and is comprised of two adjacent parcels: a 4.4-acre industrial development site (office teardown) and a 3-acre IOS site. The lease with the user includes 4.4 acres improved by a ground-up 40k SF ancillary flex building and 3 acres of industrial outdoor storage (IOS).

About Marcus Partners

Marcus Partners is a vertically integrated real estate firm with a 30-plus year history of successful investment, management and development. The firm is headquartered in Boston, with regional offices in Metro New York and the Mid-Atlantic. The firm focuses on strategic and opportunistic investment strategies across industrial, multifamily, and other property types where it can create value and maximize risk-adjusted returns. Marcus Partners and its affiliates own, control, operate or are developing 7M+ square feet of real estate and 2,900+ multifamily units.

9 April 2025