TAUNTON, MA—TheTaunton Development/MassDevelopment Corporation has sold 115 acres in the expanded Myles Standish Industrial Park here to Martignetti Companies, a leading New England distributor of wines and spirits.

The company plans to invest more than $100 million to build its 680,000-square-foot regional headquarters on this parcel, which represents more than half of the Taunton park's expansion. The facility is expandable to a total of 1.3 million square feet to accommodate the company's growth, and will feature the wine and spirits industry's most advanced materials handling systems and technologies. Cathy Minnerly of NAI Hunneman represented TD/MDC in the sale.

“I am excited to welcome Martignetti Companies and their more than 800 employees to Myles Standish Industrial Park and to Southeastern Massachusetts,” president pro tempore Marc Pacheco (D-Taunton) said. “This project is mutually beneficial as it will help bolster a strong economic development asset in the region and provide substantial revenue to the Greater Taunton tax base, while it allows a leading, family-owned business to centralize operations at new headquarters. This opportunity became available due to the public investments we've made in terms of infrastructure and MassWorks grants at Myles Standish Park and I look forward to Martignetti Companies' arrival in Taunton.”