Taunton Mall Redeveloper Gets Spec Construction Loan
The developer that acquired the shuttered Silver City Gallery mall in Taunton will begin the first phase of a 147-acre business park after obtaining financing from BMO Harris Bank.
The developer that acquired the shuttered Silver City Gallery mall in Taunton will begin the first phase of a 147-acre business park after obtaining financing from BMO Harris Bank.
Tech titans including once set the pace for the commercial real estate market along Interstate 495. But after years of stagnant leasing activity, changes of ownership for three office parks spanning 541 acres are prompting large-scale redevelopments.
The new owner of the defunct Silver City Galleria in Taunton received approval to build a 651,076-square-foot warehouse and distribution facility for FedEx at the former shopping mall near Route 24.
An Atlanta industrial developer has closed on the $75 million purchase of the defunct Silver City Galleria property in Taunton, after receiving approval for a 1.1 million-square-foot development.