Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), announced the acquisition of a 300,000-square-foot mission-critical defense manufacturing facility in Taunton, Massachusetts, approximately 40 miles south of Boston.
The facility is subject to a long-term absolute triple net lease with a leading defense contractor. Financial terms of the transaction were not disclosed.
According to the company, the purpose-built property sits on more than 25 acres within Myles Standish Business Park, one of the premier industrial parks in the Boston metropolitan area.
The acquisition aligns with MSREI’s strategy of investing in institutional-quality net lease assets supported by investment-grade tenants and facilities that play critical roles in tenant operations. The company noted that the tenant’s significant operational investment and the specialized nature of the property support long-term occupancy.
Morgan Stanley Real Estate Investing is the global private real estate investment management business of Morgan Stanley and currently manages approximately $58 billion in gross real estate assets worldwide. The business employs value-add, opportunistic, core, and core-plus investment strategies across global markets through a network of 17 offices spanning the U.S., Europe, and Asia.
Morgan Stanley Investment Management and its affiliated investment advisory businesses oversee more than $1.9 trillion in assets under management or supervision as of April 30, 2026. The organization employs more than 1,300 investment professionals worldwide and serves governments, institutions, corporations, and individual investors.
Morgan Stanley provides investment banking, securities, wealth management, and investment management services globally and operates in 42 countries.
KEY QUOTES:
“This acquisition reflects MSREI’s strategy of identifying institutional-quality net lease investments anchored by investment-grade tenants in mission-critical facilities. The specialized nature of the facility combined with the tenant’s deep operational investment supports the likelihood for continued long-term occupancy.”
Will Milam, Head of Morgan Stanley Real Estate Investing U.S.
