Updated Aug 7, 2026
Pierce Property Services Inc Acquires Industrial Facility In Winchester For $4.1 Million
10 Lowell Avenue
$4,100,000
$221/SF
Building Size
18,500 SF
Asset Type
Industrial
Closing
Aug 5, 2026
About this deal
AI
The property involved in the transaction is a light manufacturing facility located at 10 Lowell Avenue, Winchester, MA. The property spans an area of 18,500 square feet and was sold for $4,100,000, which translates to a price per square foot of $222.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $4,100,000
- Buyer: Pierce Property Services Inc
- Seller: RJC Van Stry Realty Trust
- Broker: David Gilkie - R.W. Holmes Commercial Real Estate
David Gilkie, representing R.W. Holmes Commercial Real Estate, facilitated the deal, assisting Pierce Property Services in acquiring the asset from RJC Van Stry Realty Trust.
On the Map
$4,100,000
$221/SF
Industrial
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Avenue 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93