Updated May 19, 2026
MANSARD Commercial Properties Brokers $5.356 Million Sale Of Former Cold-Storage Facility In Woburn
16 Conn Street
$5,356,000
$100/SF
Building Size
53,319 SF
Asset Type
Industrial
Closing
May 15, 2026
About this deal
AI
The property asset involved in the transaction is located at 16 Conn Street in Woburn, MA. It is an industrial facility encompassing 4.05 acres with a total square footage of 53,319. The sale was finalized for a transaction amount of $5,356,000, resulting in a price per square foot of $100.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $5,356,000
- Address: 16 Conn Street
- Market: Woburn, MA
- Square Footage: 53,319
- Price per Square Foot: $100
- Brokers: Jeremy Cyrier - MANSARD Commercial Properties
MANSARD Commercial Properties was the brokerage firm responsible for brokering the sale, representing the interests of the parties involved in the transaction. This deal closed on May 15, 2026, following the property's previous use as a cold-storage facility serving Dole & Bailey.
On the Map
$5,356,000
$100/SF
Industrial
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Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.96%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93