Brickman Acquires 50-Acre Industrial Property In Mansfield, MA For $17.6M
120 Forbes Boulevard, Mansfield, MA 02048, USA
$17,630,000
$216/SF
Building Size
81,596 SF
Asset Type
Industrial
Closing
Nov 26, 2021
AI
Located at 120 Forbes Blvd in Mansfield, MA, this industrial property spans over 50 acres. The property was recently sold in a closed transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $17,630,000.00
- Address: 120 Forbes Blvd, Mansfield, MA
- Market: Mansfield, MA
- Size: 81,596 square feet
- Price per Square Foot: $216
The seller of the property was QS Forbes Boulevard, LLC, while the buyer was Brickman. The deal was facilitated by CBRE, with a team consisting of Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, Dan Hines, and Andrew Stone.
No additional information about the transaction was provided.
Players
Mansfield 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
0.90%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93