Metro Realty Trust / Marathon Partners LLC Sells Watertown Industrial Property For $46.5M With Brokers Frank Petz & John Nasca
313 Pleasant Street, Watertown, MA, USA
$46,500,000
$373/SF
Building Size
124,580 SF
Asset Type
Industrial
Closing
Sep 22, 2021
AI
An industrial property located at 313 Pleasant St, 80 Rosedale Rd, and 60 Acton St in Watertown, MA, was recently sold.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $46,500,000
- SF: 124,580
- Price per Square Foot: $373
- Market: Watertown, MA
Metro Realty Trust and Marathon Partners LLC served as the sellers in this transaction. The real estate brokerage firm Colliers International represented both parties in the deal, with Frank Petz and John Nasca acting as their brokers.
Players
Watertown 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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93