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
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