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:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 75 Plain Street
- Market: Hopedale, MA
- Landlord: Steve Goodman - GFI Partners
- Tenant: Vincent Clerc - Maersk
- Broker: Brian Pinch - Cushman & Wakefield
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
Plain 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