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
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