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

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SOLD
$2,200,000

Massachusetts

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Industrial18,644 SF
Sold 11/19/2025
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SOLD

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

355 Wareham Street

See Similar Deals
Industrial18,644 SF
Sold 11/19/2025
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$118
Total Square Footage:18,644 SF
Transaction Type:Sale

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
2 deals$5.8M volume(508) 310-8042
BROKER

Coldwell Banker
BROKERAGE

Details

SOLD
IMAGE: Dean Santangelo DATE: 11/19/2025 ADDRESS: 355 Wareham Street MARKET: Middleboro, MA ASSET TYPE: Industrial BUYER: Michael Hajjar & John Wallace SELLER: Umberto Celiberti BROKER: Dean Santangelo (@DeanSantangelo) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $2,200,000 SF: 18,644 ~ PPSF: $118

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$117,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47