Updated Oct 13, 2026
Arris Partners Acquires 57,000 SF Industrial Facility In Worcester, MA For $7M
104 Gold St Worcester, MA 01608, USA
$7,000,000
$122/SF
Building Size
57,000 SF
Asset Type
Industrial
Closing
Jul 5, 2023
About this deal
AI
Arris Partners has completed the acquisition of 104 Gold St. in Worcester, MA. The property consists of a 57,000-square-foot industrial facility located on a site spanning over 3 acres. The sale price for this transaction was $7,000,000, resulting in a price per square foot of $123.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Address: 104 Gold Street, Worcester, MA
- Market: Worcester, MA
- Buyer: Arris Partners - Tom Sibley
In this deal, Tom Sibley from Arris Partners represented the buyer.
On the Map
$7,000,000
$122/SF
Industrial
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Players
Boston 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93