Cambridge Savings Bank Provides $7.11M Acquisition Loan For Industrial Properties In Holliston MA

The transaction involves the acquisition of two industrial buildings located at 275 Hopping Brook Road and 330 Hopping Brook Road, situated in Holliston, MA. The total size of the properties is 660,000 square feet, and the transaction is supported by a financing arrangement of $7,110,000 secured for the purchase.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,110,000
• Loan Type: Acquisition
• Lender: Cambridge Savings Bank
• Total Square Footage: 660,000 SF
• Market: Holliston, MA
• Parcel Size: 15.5 acres

The deal was facilitated with financing from Cambridge Savings Bank, which provided the acquisition loan for the properties. This arrangement was essential for the buyer in securing the industrial assets in the competitive Holliston market.