Updated Aug 22, 2025
Oliver Street Capital Acquires Industrial Property In Braintree, MA For $6.5M
116 Lundquist Drive, Braintree, MA 02184
$6,500,000
$124/SF
Building Size
52,200 SF
Asset Type
Industrial
Closing
May 25, 2020
About this deal
AI
The industrial property located at 116 Lundquist Dr. in Braintree, MA has been sold for a price of $6,500,000. It encompasses a total of 52,200 square feet, resulting in a price per square foot of $125. The transaction took place on May 25, 2021.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Address: 116 Lundquist Dr., Braintree, MA
- Market: Braintree, MA
- Square Footage: 52,200
The buyer involved in this transaction is Oliver Street Capital. JLL represented both the buyer and the seller in this deal. The brokers involved in the transaction were Christopher Lawrence, Matthew Sherry, and Michael Restivo from JLL.
On the Map
$6,500,000
$124/SF
Industrial
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Players
Braintree 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93