Updated Oct 28, 2024
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
About this deal
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.
The industrial sale at 313 Pleasant Street, Watertown, MA, USA in Watertown, Massachusetts sold for $46.5M in 2021. The building is 124,580 square feet, implying about 373 per square foot on the published price. John Nasca, Frank Petz, Colliers, Lee & Associates appear on the sale alongside Colliers, Lee & Associates. This page is the Watertown, Massachusetts file for the 313 Pleasant Street, Watertown, MA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Watertown sit in the Market section below. Filter that Watertown industrial set by closing date to see what else sold near 313 Pleasant Street, Watertown, MA, USA around 2021. Published consideration for 313 Pleasant Street, Watertown, MA, USA is $46.5M, dated 2021. Cite this Metro Realty Trust / Marathon Partners LLC Sells Watertown Industrial Property For $46.5M With Brokers Frank Petz & John Nasca sale when underwriting similar industrial product around Watertown, Massachusetts.
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