Updated Oct 28, 2024
Northbridge Partners Fund Acquires Industrial Property In Avon, MA For $16.3M
40 Robbie Rd, Avon, MA, USA
$16,300,000
$105/SF
Building Size
154,314 SF
Asset Type
Industrial
Closing
Aug 12, 2021
About this deal
AI
Located at 40 Robbie Rd. in Avon, MA, a recently closed industrial property transaction took place. The property, spanning 154,314 square feet, was sold by Jumbo Capital to Northbridge Partners Fund for a total sale price of $16,300,000. This translates to a price per square foot of $106.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $16,300,000
- Square Footage: 154,314
- Price per Square Foot: $106
- Seller: Jumbo Capital
- Buyer: Northbridge Partners Fund
- Market: Avon, MA
The deal was facilitated by Jordan Berns, representing the seller Jumbo Capital, and the buyer Northbridge Partners Fund.
Players
Avon Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93