Updated Dec 4, 2024
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
About this deal
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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Tenant: Streetwear, Inc
- Broker: John Eysenbach - R.W. Holmes Commercial Real Estate
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.
On the Map
Industrial
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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