Berkeley Partners Acquires Marlborough Industrial Buildings For $30.2M
19 Brigham Street, 41 Brigham Street & 53 Brigham Street
$30,200,000
Building Size
—
Asset Type
Industrial
Closing
Jan 11, 2024
AI
Berkeley Partners has acquired three industrial buildings located at 19, 41, and 53 Brigham Street in Marlborough, MA. The sale price for this transaction was $30,200,000. This purchase allows Berkeley Partners to take advantage of the thriving industrial market in the Boston suburbs.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $30,200,000
- Address: 19, 41 & 53 Brigham Street, Marlborough, MA
- Market: Marlborough, MA
The buyer in this transaction is Aaron Snegg - Berkeley Partners. Aaron Snegg, from Berkeley Partners, represented the buyer's interests throughout the deal.
Marlborough Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93