Updated Oct 28, 2024
Brickman Acquires Industrial Property In Mansfield, MA For $17.6M
575 West Street, Mansfield, Massachusetts, USA
$17,600,000
$215/SF
Building Size
81,596 SF
Asset Type
Industrial
Closing
Nov 9, 2021
About this deal
AI
The industrial property located at 575 West Street in Mansfield, MA has been sold for a total price of $17,600,000. The property spans across 50 acres and consists of approximately 81,596 square feet. The sale price per square foot amounts to $215.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $17,600,000
- Address: 575 West Street, Mansfield, MA
- Market: Mansfield, MA
- Acres: 50
The buyer of the property is Brickman, while the seller is QS Forbes Boulevard LLC. The sale was facilitated by CBRE, with Scott Dragos, Chris Skeffington, Doug Jacoby, Anthony Hayes, Roy Sandeman, Tim Mulhall, and Dan Hines representing both the buyer and the seller.
Players
Mansfield 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
0.90%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93