Updated Jun 10, 2025
FoxRock Properties Sells 150-200 Recreation Park Drive Industrial Property In Hingham For $12.2M
150 Recreation Park Drive & 200 Recreation Park Drive
$12,200,000
$100/SF
Building Size
61,000 SF
Asset Type
Industrial
Closing
Jun 9, 2025
About this deal
AI
The property involved in the transaction is located at 150-200 Recreation Park Drive in Hingham, MA. It is an industrial asset covering 7 acres and has a total square footage of 61,000. The sale was completed for a price of $12,200,000, which equates to a price per square foot of $200.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $12,200,000
- Address: 150-200 Recreation Park Drive, Hingham, MA
- Square Footage: 61,000
- Price Per Square Foot: $200
- Seller: Jason Ward & Mark Carroll - FoxRock Properties
- Acres: 7
The transaction involved notable tenants, including Momentum Commercial Textiles & Wallcovering and Hemlock Ink Screen Printing. The representatives for the seller in this deal were Jason Ward and Mark Carroll of FoxRock Properties.
On the Map
$12,200,000
$100/SF
Industrial
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Players
Hingham 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
1.30%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93