Daniel J. Waldman Of Waldman & Associates Closes Sale Of 5.25 Acres In Millis For $5.25M

A commercial asset involving 5.25 acres located at 1375 Main Street in Millis, MA, was sold for $5,250,000. The transaction was executed at a 4.1% cap rate.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $5,250,000
• Address: 1375 Main Street
• Market: Millis, MA
• Acres: 5.25
• Broker: Daniel J. Waldman - Waldman & Associates

Dan Waldman of Waldman & Associates structured the sale using a Delaware Statutory Trust (DST), a strategy enabling the seller to defer capital gains while transitioning to a passive investment.