Marcus Partners has announced the sale of the “Core Two” Portfolio, a 192,000 SF, two-building, Class A logistics portfolio comprised of fully-leased ground-up industrial developments. The assets were developed as part of Marcus Partners’ metro-centric logistics strategy, which focuses on delivering state-of-the-art industrial facilities in high-demand, consumer-oriented markets along the East Coast. These target markets offer industrial tenants access to a dense concentration of affluent households that continue to drive e-commerce growth. The sale price was $50,000,000.

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.