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109-120 York Avenue, Randol...

Seyon Group & Wheelock Street Capital Acquire Industrial Property In Randolph, MA For $18.2M
SOLDIndustrial

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

Caleb Hudak

Colliers

Broker

$22.5M

vol

2 deals

Broker
Wheelock Street Capital
Wheelock Street CapitalBuyer

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