Calare Properties Purchases Industrial Asset At 1 Westinghouse Plaza In Boston For $7.1M
1 Westinghouse Plaza
$7,100,000
$169/SF
Building Size
42,000 SF
Asset Type
Industrial
Closing
Jun 1, 2026
AI
The industrial property located at 1 Westinghouse Plaza in Boston, MA has a total square footage of 42,000. The transaction was completed for a sale price of $7,100,000, resulting in a price per square foot of $169.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,100,000
- Address: 1 Westinghouse Plaza
- Market: Boston, MA
- Square Footage: 42,000
- Price per Square Foot: $169
- Buyer: Calare Properties
- Brokers: Tyler Capecci, David Linehan, Adam Meixner & Jeremy Freid - 128 CRE
The brokerage team representing this transaction consists of Tyler Capecci, David Linehan, Adam Meixner, and Jeremy Freid, all affiliated with 128 CRE. Their involvement played a pivotal role in facilitating the sale of this industrial asset.
Players
Hyde Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93