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210 New Boston Street

Milton CAT Acquires Industrial Building At 210 New Boston Street In Woburn For $6.9M
SOLDIndustrial

Milton CAT Acquires Industrial Building At 210 New Boston Street In Woburn For $6.9M

210 New Boston Street

$6,900,000

$287/SF

Building Size

24,000 SF

Asset Type

Industrial

Closing

Jul 30, 2024

AI

An industrial building located at 210 New Boston Street in Woburn, MA, has been sold for $6,900,000. The property encompasses 24,000 square feet, with a price per square foot of $288.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,900,000
  • Square Footage: 24,000 sf
  • Price Per Square Foot: $288
  • Address: 210 New Boston Street
  • Market: Woburn, MA

The transaction was brokered by Aaron Smith, James Stubblebine, and David Stubblebine from The Stubblebine Company, with Milton CAT identified as the buyer in this deal.

Players

David Stubblebine

The Stubblebine Company

Broker

$313.6M

vol

31 deals

Broker

Woburn 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

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93