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355 Wareham Street

Michael Hajjar And John Wallace Acquire Industrial Asset In Middleboro For $2.2M With Dean Santangelo As The Broker
SOLDIndustrial

Michael Hajjar And John Wallace Acquire Industrial Asset In Middleboro For $2.2M With Dean Santangelo As The Broker

355 Wareham Street

$2,200,000

$118/SF

Building Size

18,644 SF

Asset Type

Industrial

Closing

Nov 18, 2025

AI

The property involved in this transaction is an industrial asset located at 355 Wareham Street, Middleboro, MA. It was sold for a transaction amount of $2,200,000, encompassing a total square footage of 18,644, which translates to a price per square foot of $118.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $2,200,000
  • Square Footage: 18,644
  • Price Per Square Foot: $118
  • Buyer: Michael Hajjar & John Wallace
  • Seller: Umberto Celiberti
  • Broker: Dean Santangelo - Coldwell Banker

This transaction involved Michael Hajjar and John Wallace as the buyers, while Umberto Celiberti acted as the seller. The deal was facilitated by Dean Santangelo representing the brokerage firm Coldwell Banker.

Players

Dean Santangelo

Coldwell Banker

Broker

$5.8M

vol

2 deals

Broker
Coldwell Banker
Coldwell BankerBrokerage

Middleboro 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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93