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225 Wildwood Avenue, Woburn...

Berkeley Partners Acquires Industrial Property In Woburn, MA For $18M
SOLDIndustrial

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

Chris Skeffington

CBRE

Broker

$1.2B

vol

19 deals

Broker
BP
Berkeley PartnersBuyer

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