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19 Brigham Street

Berkeley Partners Acquires Marlborough Industrial Buildings For $30.2M
SOLDIndustrial

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.

Players

Aaron Snegg

Berkeley Partners

Buyer

$161M

vol

6 deals

Buyer

Marlborough 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

0.53%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93