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35 Eastman Street, Easton, ...

Updated Oct 28, 2024

BentallGreenOak Acquires Industrial Property In Easton, MA For $34.7M
SOLDIndustrial

BentallGreenOak Acquires Industrial Property In Easton, MA For $34.7M

35 Eastman Street, Easton, Massachusetts 02375, United States

$34,700,000

Building Size

Asset Type

Industrial

Closing

Jan 20, 2022

About this deal

AI

BentallGreenOak has acquired an industrial property located at 35 Eastman St in Easton, MA. The transaction, which took place on January 20, 2022, involved the sale of the property by Calare Properties for a total price of $34,700,000. The property is situated in the Easton market and offers a valuable asset for BentallGreenOak.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $34,700,000
  • Address: 35 Eastman St, Easton, MA
  • Market: Easton, MA
  • Buyer: BentallGreenOak
  • Seller: Calare Properties
  • Broker: Mike Jezienicki - Boston Realty Advisors

Mike Jezienicki from Boston Realty Advisors represented the buyer, BentallGreenOak, in this transaction. The deal highlights the active role played by brokerage professionals in facilitating successful property transactions.

Players

Mike Jezienicki

Boston Realty Advisors

Broker

$69.4M

vol

2 deals

Broker
BentallGreenOak
BentallGreenOakBuyer
Calare Properties
Calare PropertiesSeller

South Easton 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

0.46%

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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