Condyne Capital Partners Sells Industrial Property In Boston, MA
19 Leonard Street, Dorchester, Massachusetts 02122, United States
Building Size
815,000 SF
Asset Type
Industrial
Closing
Feb 8, 2022
AI
A 815,000 square foot industrial property located at 19 Leonard St in Boston, MA has been sold. The seller of the property was Condyne Capital Partners. The transaction took place on 02/09/2022. The property was marketed in the Boston market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Sale
The deal was facilitated by the brokerage team consisting of Paul Ayoub, Wendy Fiscus, and Robert Fox from Nutter.
Players
Boston 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93