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58b Main Street

Wayne Greenwood Acquires Industrial Property In Bolton MA For $2.5M From Nicholas Catt
SOLDIndustrial

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

James Keefe

Greater Boston Commercial Properties

Broker

$42.9M

vol

16 deals

Broker
Greater Boston Commercial Properties
Greater Boston Commercial PropertiesBrokerage

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