Updated Aug 6, 2026
Brian Blake & Andrew Iglowski Of Seyon Group Acquisitions Purchase Commercial Property For $28.15M
261 Cedar Hill Street & 753 Forest Street
$28,150,000
$105/SF
Building Size
134,000 SF
Asset Type
Commercial
Closing
Jul 30, 2026
About this deal
AI
The commercial property involved in this transaction is located at 261 Cedar Hill Street and 753 Forest Street in Marlborough, MA. The asset covers a total square footage of 134,000 and was sold for a price of $28,150,000, equating to a price per square foot of $210.
Summary of transation details:
- Property Type: Commercial
- Transaction Amount: $28,150,000
- Buyer: Brian Blake & Andrew Iglowski - Seyon Group Acquisitions
- Seller: Peter T. True - Nashoba Realty Truth
- Brokers: David Stubblebine & Chloe Stubblebine - The Stubblebine Company
The transaction was arranged with the involvement of the buyer's representative, David Stubblebine and Chloe Stubblebine, who provided their services through The Stubblebine Company, facilitating the agreement between the buyer and seller.
On the Map
$28,150,000
$105/SF
Commercial
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Players
Marlborough Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93