Berkeley Partners Acquires Industrial Property In Woburn, MA For $18M
SOLD
$18,000,000
+ 4
Massachusetts
See Similar DealsIndustrial66,225 SF
Sold 12/22/2021
SOLD
Berkeley Partners Acquires Industrial Property In Woburn, MA For $18M
225 Wildwood Avenue, Woburn, Massachusetts 01801, United States
See Similar DealsIndustrial66,225 SF
Sold 12/22/2021
+ 4
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$271
Total Square Footage:66,225 SF
Transaction Type:Sale
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
BUYER
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$960,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20
Is there something missing? Send suggestions