facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

44 Mead Street

Matthew Blackham Of The LexVest Group Acquires Industrial Property From Joel Baker For $4M
SOLDIndustrial

Matthew Blackham Of The LexVest Group Acquires Industrial Property From Joel Baker For $4M

44 Mead Street

$4,000,000

$64/SF

Building Size

62,259 SF

Asset Type

Industrial

Closing

Feb 19, 2026

AI

The property involved in this transaction is an industrial asset located at 44 Mead Street in Leominster, MA. The transaction was finalized at a sale price of $4,000,000, with a total square footage of 62,259. The price per square foot comes to $64.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,000,000
  • Address: 44 Mead Street
  • Market: Leominster, MA
  • Square Footage: 62,259
  • Price Per Square Foot: $64
  • Buyer: Matthew Blackham - The LexVest Group
  • Seller: Joel Baker
  • Buyer's Representative: Nate Nickerson - Fieldstone Commercial Properties
  • Seller's Representative: Harrison Klein - Marcus & Millichap

This transaction featured prominent individuals, including the buyer Matthew Blackham from The LexVest Group and seller Joel Baker. The buyer's interests were represented by Nate Nickerson from Fieldstone Commercial Properties, whereas the seller was represented by Harrison Klein from Marcus & Millichap, ensuring both parties had professional oversight throughout the deal.

Players

Harrison Klein

Marcus & Millichap

Broker

$177.2M

vol

47 deals

Broker

Leominster Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93