Rhino Capital Advisors

Rhino is excited to announce the acquisition of 2 Executive Drive in Chelmsford, MA. The 113,880 square foot flex/R&D building is fully leased to two great tenants: Rockwell Automation and Qorvo, Inc..  We look forward to taking over landlord duties from our friends at Foxfield LLC, who were great to work with on this transaction, specifically Peter Carbone III.   We raised our equity for the deal on CrowdStreet, which continues to be a valuable partner of ours. 2 Executive marks our eleventh deal with CrowdStreet - thank you to David Govshtein, Justin La Tempa, and the entire team for their hard work.   Thank you as well to the Newmark team for coordinating the transaction, specifically Matt Pullen, Samantha Hallowell, and Grady Zink. We are grateful to Mathew Insana of BankNewport for providing our acquisition financing and continuing to expand our relationship together. Great work by Conor Reenstierna and Timothy O'Donnell of Newmark in coordinating with the BankNewport team.    The Continental Law Group team coordinated a seamless closing process, as always.

Rhino is pleased to announce the sale of 378 S Worcester Street, a 21,100 square foot/4.5 acre IOS truck maintenance facility in Norton, MA.   Special thank you to Brian Pinch for originally identifying the acquisition in 2018, extending the lease with DATTCO, INC in 2021, and facilitating the recent sale. DATTCO has been a great tenant at the building and we wish them continued success.   Thank you as well to Nicholas Giberson and the Middlesex Savings Bank team for being great partners on the deal, and to the Continental Law Group team for facilitating a smooth closing process. It was a pleasure working with our buyer, Realterm, on the transaction.

Congratulations to our friend Christopher Lawrence on being the recipient of the 2024 Rhino Person of the Year. Trust you all will enjoy this video as much as we enjoyed making it. Brian Tisbert Chris Decembrele Matthew Daniels Benjamin Hux Stephen Cahill, CFP®

Last week, Rhino Capital celebrated its 10-year anniversary surrounded by many of the people who have helped us achieve so many great things together. We could not be more grateful for their support and were thrilled to be able to celebrate this milestone with such a wonderful group. Thank you very much to our friend Drew Bledsoe for joining and sharing stories from his time in the NFL, and subsequent career founding and growing Doubleback Winery (which we highly recommend everyone tries). Drew's lessons in leadership, work ethic, and compassion resonated with our team and the audience.

We are thrilled to announce that Oliver Johnson has joined Rhino Capital as a Director of Investments. In his new role, Oliver will help lead our real estate investment sourcing efforts, acquisition and development activities, and curation of investment initiatives. Oliver will also be responsible for continued business development, market analysis, and supporting capital raising and asset management functions. Oliver joins Rhino from GID where he worked in both the Boston and Dallas offices and contributed to acquisitions, development, business development, fundraising, and portfolio management initiatives. Please join us in welcoming Oliver to the Rhino Capital team!

Thank You to HarborOne Bank, Integrated Builders, DJSA Architecture, PC, McKenzie Engineering Group, Inc., H+O Structural Engineering for helping deliver this Class-A industrial building and VHB, Town of Easton, MA, PK Boston Law for their preconstruction assistance in entitling the site. We are thrilled with the outcome and ability to deliver this building to our tenant. On to the next one!

Rhino is pleased to announce the sale of 271 Ballardvale in Wilmington, MA. We originally acquired the 56,000 square foot flex building in 2019 and executed a long-term lease extension with the tenant. Big thanks to Christopher Lawrence and Daniel Dewing of JLL for identifying the buyer and coordinating the sale. Thank you as well to Jamie Cannavo and HarborOne Bank for servicing as our financing partner. Great work as always by the Continental Law Group team ensuring a smooth closing process.

We are excited to announce that we have acquired 42 South Street in Hopkinton, MA, which was represented by Michael Restivo and Scott Carpenter from JLL. While under contract, Robert McGuire worked with us to execute a long-term lease with Isto Biologics for half of the building, which will move their headquarters to the facility once their buildout is complete. Isto's buildout will include removal of a portion of the second floor, providing 24' clear height for their warehousing and clean room space. Bob and his team are representing the balance of the building for lease. We are grateful for Joe McCarran and Bank of New England for providing our financing for the project, which was sourced by Brett Paulsrud and Tom Sullivan of JLL. As always thank you to the Continental Law Group team and Kevin P. Joyce at Brown Rudnick LLP for their counsel throughout the transaction.

We are excited to announce that we have acquired 42 South Street in Hopkinton, MA, which was represented by Michael Restivo and Scott Carpenter from JLL. While under contract, Robert McGuire worked with us to execute a long-term lease with Isto Biologics for half of the building, which will move their headquarters to the facility once their buildout is complete. Isto's buildout will include removal of a portion of the second floor, providing 24' clear height for their warehousing and clean room space. Bob and his team are representing the balance of the building for lease. We are grateful for Joe McCarran and Bank of New England for providing our financing for the project, which was sourced by Brett Paulsrud and Tom Sullivan of JLL. As always thank you to the Continental Law Group team and Kevin P. Joyce at Brown Rudnick LLP for their counsel throughout the transaction.

Rhino is excited to share that we have recently broken ground on our build-to-suit warehouse for Beacon Building Products in Londonderry, NH. We look forward to seeing the 75,000 square foot distribution center come together in the near future thanks to our general contractor, PROCON, Inc., and site work contractor, Severino Trucking.