Berkeley Partners Acquires Industrial Property In Woburn, MA For $18M
225 Wildwood Avenue, Woburn, Massachusetts 01801, United States
$18,000,000
$271/SF
Building Size
66,225 SF
Asset Type
Industrial
Closing
Dec 22, 2021
AI
Located at 225 Wildwood Ave in Woburn, MA, this industrial property has been sold in a recent transaction. The property spans across 66,225 square feet and was purchased by Berkeley Partners for a total of $18,000,000. The sale price per square foot came out to be $272.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 225 Wildwood Ave, Woburn, MA
- Market: Woburn, MA
The sale was facilitated by brokers Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines, representing CBRE. GFI Partners acted as the seller in this transaction.
Players
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93