BisNow Ares Industrial REIT has paid $45 million, or $226.13/sf, for the 199,000-square-foot distribution center at 151 Charles F. Colton Road in the Boston suburb of Taunton, Mass. The Los Angeles affiliate of Ares Management acquired the industrial property from a fund managed by Brookfield Asset Management. JLL arranged the deal on behalf of Brookfield. […]

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