Wayne Greenwood Purchases Industrial Property From Nicholas Catt For $1.2M With Seller's Broker James Keefe
58a Main Street
$1,200,000
$147/SF
Building Size
8,125 SF
Asset Type
Industrial
Closing
May 7, 2025
AI
The property involved in this transaction is an industrial asset located at 58a Main Street in Bolton, MA. The sale, which took place on May 8, 2025, was completed for a total amount of $1,200,000. The property has a total square footage of 8,125 and a price per square foot of $147.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,200,000
- Address: 58a Main Street
- Market: Bolton, MA
- Buyer: Wayne Greenwood
- Seller: Nicholas Catt
- Seller's Representative: James Keefe - Greater Boston Commercial Properties
- Square Footage: 8,125
- Price per Square Foot: $147
James Keefe of Greater Boston Commercial Properties represented the seller in this transaction and also facilitated a concurrent lease agreement. The seller, Nicholas Catt, expressed satisfaction with the services provided by Keefe and his team, highlighting their knowledge and experience as significant contributors to the successful outcome. The buyer, Wayne Greenwood, acknowledged Keefe's assistance in both the purchasing process and in securing a tenant efficiently, praising his professionalism and communication skills.
Bolton 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93