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45 Industrial Parkway, Wobu...

Camber Development & Wheelock Capital Partners Acquire Industrial Property In Woburn, MA For $23.75M
SOLDIndustrial

Camber Development & Wheelock Capital Partners Acquire Industrial Property In Woburn, MA For $23.75M

45 Industrial Parkway, Woburn, Massachusetts 01801, United States

$23,750,000

$265/SF

Building Size

89,442 SF

Asset Type

Industrial

Closing

Aug 11, 2022

AI

The industrial property located at 45 Industrial Pkwy in Woburn, MA has been sold. The property spans across 4.58 acres and is categorized as an industrial asset.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $23,750,000
  • Square Footage: 89,442
  • Price per Square Foot: $266
  • Address: 45 Industrial Pkwy, Woburn, MA
  • Market: Woburn, MA

The buyer in this transaction is Camber Development, in collaboration with Tucker Kelton & Wheelock Capital Partners. Representing the buyer, Micah Stubblebine from The Stubblebine Company facilitated the deal.

Players

Micah Stubblebine

The Stubblebine Company

Broker

$132.1M

vol

16 deals

Broker
CD
Camber DevelopmentBuyer

Woburn 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

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93