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348 Turnpike Street

Bosco Crane Co Inc. Acquires Industrial Property From Vanity World In Canton For $4.75M
SOLDIndustrial

Bosco Crane Co Inc. Acquires Industrial Property From Vanity World In Canton For $4.75M

348 Turnpike Street

$4,750,000

$121/SF

Building Size

39,100 SF

Asset Type

Industrial

Closing

Jul 2, 2025

AI

The property asset involved in this transaction is located at 348 Turnpike Street, Canton, MA. It is classified as an industrial asset, comprising 39,100 square feet, with a sale price of $4,750,000. The price per square foot is calculated at $121.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,750,000
  • Address: 348 Turnpike Street
  • Market: Canton, MA
  • Square Footage: 39,100
  • Price Per Square Foot: $121
  • Buyer: Bosco Crane Co Inc.
  • Seller: Vanity World
  • Buyer's Representative: Matty Drouillard, David Stubblebine & Stephen Flynn - The Stubblebine Company
  • Seller's Representative: Mitch Stepien - NAI Global

The transaction showcases the involvement of Matty Drouillard, David Stubblebine, and Stephen Flynn from The Stubblebine Company representing Bosco Crane Co Inc. on the buy side. On the sell side, Mitch Stepien from NAI Global represented Vanity World in this deal.

Players

Mitch Stepien

NAI Global

Broker

$18.9M

vol

3 deals

Broker
The Stubblebine Company
The Stubblebine CompanyBrokerage
NAI Global
NAI GlobalBrokerage

Canton Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93