Updated Mar 9, 2026
Cambridge Savings Bank Provides $38.7M Loan For Industrial Property In Boylston, MA
Pine Hill Dr, Boylston, Massachusetts 01505, United States
$38,700,000
$97/SF
Building Size
396,375 SF
Asset Type
Industrial
Closing
Feb 17, 2022
About this deal
AI
The industrial property located on Pine Hill Dr in Boylston, MA has been involved in a closed transaction. The property spans approximately 396,375 square feet and is owned by NorthBridge Partners.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $38,700,000
- Market: Boylston, MA
The lender for this transaction was Cambridge Savings Bank, providing senior construction financing. Acting as brokers in the deal were Jeff Black, Sean Burke, and Bryan Koop from Colliers.
The industrial loan at Pine Hill Dr, Boylston, Massachusetts 01505, United States in Boylston, Massachusetts financed for $38.7M in 2022. The building is 396,375 square feet, implying about 97 per square foot on the published price. Sean Burke, Bryan Koop, Jeffrey Black, Colliers appear on the loan alongside Colliers, Northbridge Partners. This page is the Boylston, Massachusetts file for the Pine Hill Dr, Boylston, Massachusetts 01505, United States industrial financed: pricing, party profiles, and other closed industrial comps from the same Boylston sit in the Market section below. Filter that Boylston industrial set by closing date to see what else financed near Pine Hill Dr, Boylston, Massachusetts 01505, United States around 2022. Published consideration for Pine Hill Dr, Boylston, Massachusetts 01505, United States is $38.7M, dated 2022. Cite this Cambridge Savings Bank Provides $38.7M Loan For Industrial Property In Boylston, MA loan when underwriting similar industrial product around Boylston, Massachusetts.
Players
Boylston Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93