facebook
Traded Co logo
Submit
Daily limit: 0/10

Jay Hirsh Of Jumbo Capital Acquires Industrial Warehouse In Bedford From Cardinal Health For $22M

Property Image
SOLD
$22,000,000

Massachusetts

See Similar Deals
Industrial133,710 SF
Sold 01/29/2025
the dealplayerscompscontact
Property Image
SOLD

Jay Hirsh Of Jumbo Capital Acquires Industrial Warehouse In Bedford From Cardinal Health For $22M

26 Wiggins Avenue

See Similar Deals
Industrial133,710 SF
Sold 01/29/2025
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$164
Total Square Footage:133,710 SF
Transaction Type:Sale

26 Wiggins Avenue is an industrial asset located in Bedford, MA. The property recently sold for $22,000,000 and has a total square footage of 133,710. It encompasses 12 acres of land and is situated approximately 20 miles north of Boston, conveniently located 1.5 miles from I-95.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $22,000,000
  • Square Footage: 133,710
  • Address: 26 Wiggins Avenue
  • Market: Bedford, MA
  • Buyer: Jay Hirsh - Jumbo Capital
  • Seller: Jason Hollar - Cardinal Health
  • Broker: CBRE
  • Price per Square Foot: $165

The transaction involved Jay Hirsh representing Jumbo Capital as the buyer and Jason Hollar representing Cardinal Health as the seller. CBRE facilitated the sale, bringing together both parties for this transaction in the Bedford market.

Players

CBRE
CBRE
BROKERAGE

Details

SOLD
IMAGE: Jason Hollar DATE: 01/29/2025 ADDRESS: 26 Wiggins Avenue MARKET: Bedford, MA ASSET TYPE: Industrial BUYER: Jay Hirsh - Jumbo Capital SELLER: Jason Hollar - Cardinal Health (@CardinalHealthOfficial) BROKER: CBRE (@cbre) SALE PRICE: $22,000,000 SF: 133,710 ~ PPSF: $165 NOTE: CBRE facilitated the $22M sale of 26 Wiggins Avenue, a 133,710 SF warehouse on 12 acres, from Cardinal Health to Jumbo Capital. The property, located 20 miles north of Boston, sits 1.5 miles from I-95.

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,173,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$78,161.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,291.22
Annual Debt Service$1,251,494.69