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16 Conn Street

MANSARD Commercial Properties Brokers $5.356 Million Sale Of Former Cold-Storage Facility In Woburn
SOLDIndustrial

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

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.

Players

Jeremy Cyrier

Broker

$45.6M

vol

12 deals

Broker

Market 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

2.96%

Cash-on-Cash

-0.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93