SRS Distribution Renews 26476 Sqft Lease At 326 Commercial Street In Malden MA
326 Commercial Street
Building Size
26,476 SF
Asset Type
Industrial
Closing
Jun 27, 2025
AI
The asset at 326 Commercial Street in Malden, MA is an industrial property consisting of 26,476 square feet. This lease transaction involved SRS Distribution, a wholesale roofing distributor, which has renewed its lease. The property is located within a strong market presence in the Northeast and Greater Boston area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 326 Commercial Street
- Market: Malden, MA
- Landlord: John Pereira - Combined Properties (Combined_Properties_Inc)
- Tenant: Dan Tinker - SRS Distribution
- Landlord's Representative: Greg Regazzini - Combined Properties
- Tenant's Representatives: Chelsea Andre & Joseph Fabiano - JLL
The lease renewal showcases the commitment of SRS Distribution to the region, while the in-house management team of Combined Properties has effectively met the tenant's needs throughout the lease term. This transaction reflects the operational strengths and the management capabilities of Combined Properties.
Players
Malden 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