National Grid Acquires Industrial Asset At 1958 Broadway Raynham For $33.7M
1958 Broadway
$33,700,000
Building Size
—
Asset Type
Industrial
Closing
Aug 13, 2026
AI
The industrial asset involved in this transaction is located at 1958 Broadway in Raynham, MA. The property sold for $33.7 million, specifically a portion of the former Raynham dog track site.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $33,700,000
- Buyer: National Grid
- Broker: CBRE
This deal highlights the involvement of National Grid as the buyer, with CBRE representing the transaction. The significant sale price reflects the asset's appeal in the market.
Players
Broadway 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
0.47%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93