Wayne Greenwood Acquires Industrial Property In Bolton MA For $2.5M From Nicholas Catt
58b Main Street
$2,500,000
$72/SF
Building Size
34,360 SF
Asset Type
Industrial
Closing
Jul 14, 2025
AI
The property involved in this sale is an industrial building located at 58b Main Street, Bolton, MA. The sale was completed for a total price of $2,500,000, encompassing an area of 34,360 square feet, resulting in a price per square foot of $72.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,500,000
- Buyer: Wayne Greenwood
- Seller: Nicholas Catt
- Seller's Representative: James Keefe - Greater Boston Commercial Properties
- Square Footage: 34,360
- Price per Square Foot: $72
James Keefe of Greater Boston Commercial Properties played a pivotal role in facilitating the transaction, which included unique challenges involving two parties with a shared lender. Nicholas Catt expressed that the collaboration with Keefe and his team significantly influenced the successful marketing and sale of the industrial property. Buyer Wayne Greenwald highlighted Keefe's attention to detail and effective communication throughout the purchase, emphasizing his exceptional professionalism and expertise in the real estate transaction.
Players
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93