Updated Nov 5, 2026
Conviser Property Group And SR Commercial Realty Represent Landlord In Long Term Lease To Cannabis Tenant
1466 Curran Memorial Highway
Building Size
71,000 SF
Asset Type
Industrial
Closing
Aug 14, 2026
About this deal
AI
The asset involved in this transaction is located at 1466 Curran Memorial Highway, North Adams, MA. It encompasses an industrial property with a total square footage of 71,000. The lease type for this property is a net lease, structured as an NNN Lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1466 Curran Memorial Highway
- Market: North Adams, MA
- Asset Size: 71,000 SF
- Lease Type: NNN Lease
- Landlord Representatives: Dmitriy Shnitman - Conviser Property Group & Jeremy Casey - SR Commercial Realty
Conviser Property Group and SR Commercial Realty represented the landlord in this long-term lease agreement involving a single tenant, specifically a Cannabis tenant.
On the Map
Industrial
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Players
North Adams Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93