Seyon Group Purchases Industrial Asset In Canton Massachusetts From JB Capital Management For $7.1M
40 Hudson Road
$7,100,000
$178/SF
Building Size
39,687 SF
Asset Type
Industrial
Closing
Apr 10, 2025
AI
The asset involved in this transaction is an industrial property located at 40 Hudson Road in Canton, MA. The property was sold for $7,100,000 with a total area of 39,687 square feet, resulting in a price per square foot of $178.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,100,000
- Address: 40 Hudson Road
- Market: Canton, MA
- Square Footage: 39,687
- Price Per Square Foot: $178
- Buyer: Seyon Group
- Seller: JB Capital Management
- Buyer's Representative: Harrison Klein - Marcus & Millichap
Harrison Klein from Marcus & Millichap represented the buyer, Seyon Group, in this transaction. The seller, JB Capital Management, completed the sale of the industrial asset. This transaction reflects an active engagement in the industrial market within the Canton area.
Players
Canton 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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93