Seyon Group & Wheelock Street Capital Acquire Industrial Property In Randolph, MA For $18.2M
109-120 York Avenue, Randolph, MA, USA
$18,200,000
$106/SF
Building Size
170,827 SF
Asset Type
Industrial
Closing
Nov 10, 2020
AI
Located in Randolph, MA, the property at 109-120, 116-120, & 128-140 York Avenue has been sold in a recent transaction. The industrial asset covers an area of 170,827 square feet, with a price per square foot of $107. The sale price for the property amounted to $18,200,000. This transaction involved the collaboration of Giglio Properties as the seller and Seyon Group & Wheelock Street Capital as the buyers. Caleb Hudak from Colliers International represented the parties involved in this deal.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $18,200,000
- Square Footage: 170,827
- Price per Square Foot: $107
- Address: 109-120, 116-120, & 128-140 York Avenue, Randolph, MA
- Market: Randolph, MA
- Seller: Giglio Properties
- Buyer: Seyon Group & Wheelock Street Capital
- Broker: Caleb Hudak - Colliers International
The collaboration of Giglio Properties, Seyon Group, Wheelock Street Capital, and Caleb Hudak from Colliers International resulted in the successful completion of this industrial property transaction.
Players
Randolph 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93