facebook
Traded Co logo
Submit

Barry Kirschenbaum Purchases Franklin Property At 130 Constitution Boulevard For $6.4 Million With John Lashar As The Broker

Property Image
SOLD
$6,400,000

Massachusetts

See Similar Deals
Industrial59,970 SF
the dealplayerscompscontact
Property Image
SOLD

Barry Kirschenbaum Purchases Franklin Property At 130 Constitution Boulevard For $6.4 Million With John Lashar As The Broker

130 Constitution BLVD, Franklin, MA...

See Similar Deals
Industrial59,970 SF
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$106
Total Square Footage:59,970 SF
Transaction Type:Sale

An industrial building located at 130 Constitution Blvd in Franklin, MA, was sold in a transaction totaling $6,400,000. The asset encompasses 59,970 square feet of industrial space, situated in the Franklin market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,400,000.00
  • Address: 130 Constitution Blvd, Franklin, MA
  • Market: Franklin
  • Seller: Novaya Real Estate Ventures
  • Buyer: Barry Kirschenbaum, Albert Milstein, Sanford Bokor
  • Seller's Rep: John Lashar - CBRE

Transwestern Consulting Group was involved in facilitating the transaction, represented by John Lashar, Chris Skeffington, and Roy Sandeman, who assisted in sourcing the buyer for the deal.

Players

John Lashar
CBRE
John Lashar
1 deal$6.4M volume(617) 872-3609
BROKER

Details

SOLD
IMAGE: 130 Constitution BLVD, Franklin, MA... MARKET: Franklin SELLER'S REP: John Lashar-CBRE BUYER: Barry Kirschenbaum SELLER: PRICE: $6,400,000.00 SF: 59970

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$341,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18