WB Mason Acquires Industrial Property In Brockton, MA For $5.15M
60 Industrial Blvd, Brockton, Massachusetts, USA
$5,150,000
$85/SF
Building Size
60,000 SF
Asset Type
Industrial
Closing
May 13, 2021
AI
The industrial property located at 60 Industrial Blvd in Brockton, MA has been sold. The property, with a size of 60,000 square feet, was sold for a total of $5,150,000, resulting in a price per square foot of $86. The transaction took place on May 14, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,150,000
- Address: 60 Industrial Blvd, Brockton, MA
- Market: Brockton, MA
The seller of the property was FW Webb Company, while the buyer was WB Mason. The seller was represented by David Skinner, David Stubblebine, and James Stubblebine of The Stubblebine Co. On the other hand, Mark Donahue of M. Donahue Associates acted as the buyer's representative in this deal.
Players
Brockton 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93