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75 Plain Street

Steve Goodman Of GFI Partners Leases 617,000 Square Feet To Maersk In Hopedale, MA
LEASEDIndustrial

Steve Goodman Of GFI Partners Leases 617,000 Square Feet To Maersk In Hopedale, MA

75 Plain Street

Building Size

Asset Type

Industrial

Closing

Jul 8, 2026

AI

The property asset involved in this transaction is an industrial facility located at 75 Plain Street, Hopedale, MA. The asset encompasses 617,000 square feet and is positioned within a market that has seen renewed demand for industrial space following recent economic trends.

Summary of transaction details:

Key individuals in this transaction include Steve Goodman representing GFI Partners, who is the landlord, and Vincent Clerc, the tenant from Maersk. Brian Pinch acted as the broker for this significant lease arrangement, which marks one of the largest industrial leases in Greater Boston since 2020, reflecting a positive shift in the industrial market landscape.

Players

Brian Pinch

Newmark

Broker

$331.7M

vol

5 deals

Broker
Steven Goodman

Steven Goodman

GFI Partners

Landlord

$27.5M

vol

3 deals

Landlord
Vincent Clerc

Vincent Clerc

Maersk

Tenant

3 deals

Tenant

Plain Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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