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

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FINANCED
$7,110,000

Massachusetts

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Industrial1,320,000 SF
Financed 05/22/2025
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Property Image
FINANCED

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

275 Hopping Brook Road & 330 Hopping Brook Road

See Similar Deals
Industrial1,320,000 SF
Financed 05/22/2025
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$5
Total Square Footage:1,320,000 SF
Transaction Type:Loan

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.

Players

Cambridge Savings Bank
Cambridge Savings Bank
LENDER

Details

FINANCED
IMAGE: 05/22/2025 ADDRESS: 275 Hopping Brook Road & 330 Hopping Brook Road MARKET: Holliston, MA ASSET TYPE: Industrial ~ SF: 660,000 LENDER: Cambridge Savings Bank LOAN AMOUNT: $7,110,000 LOAN TYPE: Acquisition NOTE: The buyer secured a $7.1M acquisition loan from Cambridge Savings Bank for the purchase of 275 and 330 Hopping Brook Road. The financing is backed by two industrial buildings totaling over 660K SF on 15.5 acres.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,110,000.00

Monthly NOI$47,400.00
Monthly Debt Service$44,940.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00