From the States: Megadeal for Mass. Terminal falls through

摘要

deal that would have seen a prominent real estatedeveloper take title to about 100 acres of land housing oneof the largest tank farms in New England has fallen through,OPIS confirms.Exact details as to why the deal was not done are lacking,but The Davis Cos., a well-known developer of commercialproperties, had a preliminary agreement to purchase theEverett, Mass., terminal and adjacent land, with an intentto develop the facility for mixed use. The terminal closed inthe second quarter but was once one of the largest facilitiesin the region, housing more than 30 tanks and more than 2million barrels of refined products and ethanol storage.