OFFICIAL PRESS RELEASE:
Davis Announces Long-Term Lease with Downeast Global Logistics LLC at Taunton Industrial Facility
June 5, 2026 – TAUNTON
Real estate investment, development, and management firm The Davis Companies (Davis) today announced a new lease with Downeast Global Logistics LLC (Downeast), a New England regional extension of SEKO Logistics’ global supply chain network, at 530 John Hancock Road in Taunton, MA. Downeast will occupy 107,055 square feet beginning in August 2026 and will leverage the space to expand its distribution operations.
Davis acquired the industrial facility in 2020, when it was fully leased to an international logistics and distribution company. Late last year, Davis launched a strategic leasing initiative to attract new tenants to the Class A asset, while maintaining a competitive market standing. Davis made the decision to preserve existing infrastructure including racking systems and a cold storage room from previous tenants, creating a key opportunity that aligned with Downeast’s long-term growth plans and operational needs.
“This long-term lease agreement with Downeast reflects the continued strength of the industrial market and Davis’ collaborative approach to matching the most innovative tenants with the ideal spaces they need to scale,” said David Allen, Managing Director Asset Management at Davis and lead for the firm’s industrial and self-storage vertical. “530 John Hancock offers infrastructure tenants can utilize to optimize their operations and we look forward to partnering closely with Downeast as we continue to grow our roster at 530 John Hancock Road and other industrial centers within Davis’ portfolio.”
The warehouse is located within the 1,000+ acre Myles Standish Industrial Park, which includes tenants such as Amazon, Reinhart, Americold, and other businesses in the high-tech, manufacturing, and office spaces. Situated on more than 11 acres, the facility at 530 John Hancock Road features 32-foot clear heights, dual-sided loading to accommodate multi-tenant operations, an ESFR sprinkler system, and truck courts for additional trailer storage capacity.
“We are thrilled to become 530 John Hancock Road’s newest tenant as we expand our presence throughout Massachusetts and the southern New England market,” said Patrick Wyndham, President and CEO at Downeast. “The location, functionality, and move-in ready features made this the right opportunity for Downeast’s expansion and allows us to leverage existing infrastructure to enhance our distribution capabilities and strengthen supply chain operations, without costly updates.”
The facility includes a total of 181,900 square feet, with approximately 74,925 square feet currently available for lease.
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About Davis
Davis is a vertically integrated real estate investment, development and management firm that leverages five decades of experience, the strength of its leadership team and employees and a diversified portfolio to deliver maximum value for its investors and tenants. Headquartered in Boston and investing across the United States, Davis prides itself on taking a nimble, collaborative approach to delivering best-in-class results from complex opportunities. Since inception, Davis has invested in $13.9 billion in gross asset value through real estate equity, debt and fixed-income securities, Davis today owns a real estate portfolio of approximately 10.8 million square feet of healthcare and life science, industrial, retail, office and hospitality properties and more than 4,890 residential units across the United States. For further information, visit www.thedaviscompanies.com.
About Downeast Global Logistics LLC and Seko Logistics
Downeast has been exclusively representing Seko Logistics since 2018. Originating in Portland Maine and later expanding operations into the Boston market in 2021, Downeast Global Logistics now services all New England states and beyond with a wide portfolio of offerings including international freight forwarding, domestic transportation, customs brokerage, as well as fulfillment and warehousing services.
Built on nearly 50 years of logistics expertise, SEKO Logistics is a complete global end-to-end logistics partner – from shipper to consumer. SEKO delivers client-first service, expert reliability and tech-driven shipping solutions that turn supply chains into a competitive differentiator. With over 150 offices in more than 60 countries, SEKO helps you move at the speed of global commerce. Learn more at www.sekologistics.com
New Suburban Industrial Leases Total Nearly 200,000 Square Feet
June 7, 2026 | Boston Business Journal
Two newly signed industrial leases in Boston’s suburbs total nearly 200,000 square feet at a time when the industry’s vacancy locally has flattened.
South of Boston, a logistics firm has signed a lease for 107,000 square feet in Taunton’s Myles Standish Industrial Park. The new tenant is Downeast Global Logistics, a regional arm of SEKO Logistics.
Downeast will move in this August, according to property owner the Davis Cos. The Boston firm has owned the 182,000-square-foot building at 530 John Hancock Road since 2020.
Myles Standish Industrial Park, directly off I-495, has other logistics tenants that include Amazon, Sullivan Tire, Martignetti Cos., Empire Auto Parts and Reinhart Foodservice.
North of Boston, Frontrunner Bus Group has signed an 88,000-square-foot lease in Billerica to move its headquarters from elsewhere in town.
The deal at 23 Esquire Road was announced by the real estate firm Colliers, which brokered the deal on behalf of property owners Marcus Partners and Rhino Capital Advisors.
Frontrunner Bus Group will occupy most of the 136,000-square-foot building near Route 3, with the property owners planning capital improvements that include a full office renovation and replacement of climate control systems.
The Boston area’s industrial real estate market had a first-quarter vacancy rate of 8.1%, a rate that has held largely flat for two years as millions of square feet of new inventory have come on the market. The region added 14 million square feet of new space in 2023 and 2024 alone, according to the real estate firm JLL.
The industrial vacancy rate dipped below 4% before supply increased.