Updated Oct 14, 2026
Quaker Lane Capital Acquires Industrial Property In Malden, MA For $24.4M
180 Charles St, Malden, Massachusetts 02148, United States
$24,400,000
$381,250/SF
Building Size
64 SF
Asset Type
Industrial
Closing
Apr 17, 2023
About this deal
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $24,400,000
- Address: 180-184 Charles Street, Malden, MA
- Market: Malden, MA
- Buyer: Quaker Lane Capital
- Seller: Jonathan Hershberg
- Broker: Steve Nohrden - Burgess Properties
Steve Nohrden from Burgess Properties represented the buyer, Quaker Lane Capital, in the industrial property sale at 180-184 Charles Street, Malden, MA. The property was sold by Jonathan Hershberg for a price of $24,400,000. The total area of the property is approximately 64,000 square feet, resulting in a price per square foot of $381.
On the Map
$24,400,000
$381,250/SF
Industrial
View full map
Players
Malden Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Stephen ( Steve) Nohrden to view all their deals.
Browse Massachusetts industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93