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35 South Eastham Street, Ea...

Updated Oct 28, 2024

BentallGreenOak Buys Easton Industrial Property For $34.7M
SOLDIndustrial

BentallGreenOak Buys Easton Industrial Property For $34.7M

35 South Eastham Street, Eastham, Massachusetts 02642, United States

$34,700,000

$231/SF

Building Size

150,000 SF

Asset Type

Industrial

Closing

Dec 20, 2021

About this deal

AI

The industrial property located at 35 Eastham St in Easton, MA has been sold for a total price of $34,700,000. The property spans across 150,000 square feet, resulting in a price per square foot of $231. The sale was finalized on 12/21/2021.

Summary of transation details

  • Property Type: Industrial
  • Sale Price: $34,700,000
  • Square Footage: 150,000
  • Price Per Square Foot: $231
  • Address: 35 Eastham St, Easton, MA
  • Market: Easton, MA

BentallGreenOak acquired the property from Calare Properties, Inc. in this transaction. The deal was facilitated by Mike Jezienicki from Boston Realty Advisors, who represented both the buyer and the seller. It is noteworthy that Boston Realty Advisors also represented the owner of the building during the sale of the property to BentallGreenOak.

Players

Mike Jezienicki

Boston Realty Advisors

Broker

$69.4M

vol

2 deals

Broker
BentallGreenOak
BentallGreenOakBuyer

Eastham Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $231 per square foot on a published $34.7M for 150,000 square feet (2021).

Visit Mike Jezienicki to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.46%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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