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120 Forbes Boulevard, Mansf...

Brickman Acquires 50-Acre Industrial Property In Mansfield, MA For $17.6M
SOLDIndustrial

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

Chris Skeffington

CBRE

Broker

$1.2B

vol

19 deals

Broker
QL
QS Forbes Boulevard, LLCSeller

Mansfield Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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