Benjamin Adner Acquires Industrial Condo From Brian Noel In Middleton For $3.85M
3 Ajootian Way
$3,850,000
$194/SF
Building Size
19,778 SF
Asset Type
Industrial
Closing
Feb 25, 2026
AI
The property involved in this transaction is an industrial condo located at 3 Ajootian Way Unit A1 in Middleton, MA. The industrial condo has a total size of 19,778 square feet and was sold for a transaction amount of $3,850,000, equating to a price per square foot of $194.
Summary of transaction details:
- Property Type: Industrial Condo
- Transaction Amount: $3,850,000
- Address: 3 Ajootian Way Unit A1
- Market: Middleton, MA
- Square Footage: 19,778
- Price Per Square Foot: $194
- Buyer: Benjamin Adner
- Seller: Brian Noel
- Brokers: Mattias Edenkrans & Luigi Lessa - Marcus & Millichap
The key individuals involved in this deal include buyer Benjamin Adner and seller Brian Noel. The transaction was facilitated by brokers Mattias Edenkrans and Luigi Lessa from Marcus & Millichap, serving as the representatives in this property sale.
Players
Middleton 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
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93