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330 Hopping Brook Road

Streetwear, Inc. Fully Occupies Flex Building In Hopping Brook Park, Holliston MA
LEASEDIndustrial

Streetwear, Inc. Fully Occupies Flex Building In Hopping Brook Park, Holliston MA

330 Hopping Brook Road

Building Size

25,200 SF

Asset Type

Industrial

Closing

Feb 21, 2024

AI

The industrial property located at 330 Hopping Brook Road in Holliston, MA, spanning 25,200 square feet, was recently leased. This space was secured by Streetwear, Inc, a company specializing in streetwear fashion. The lease signifies Streetwear, Inc's full occupancy of a flex building within Hopping Brook Park.

Summary of transation details:

R.W. Holmes Commercial Real Estate, represented by John Eysenbach, facilitated the 25,200-square-foot lease agreement for Streetwear, Inc at 56 Boynton Road in Holliston, MA. This successful transaction resulted in Streetwear, Inc's exclusive use of the entire flex building, solidifying their presence in the area.

Players

John Eysenbach

R.W. Holmes Commercial Real Estate

Broker

$9.5M

vol

5 deals

Broker

Holliston 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