Updated Oct 29, 2024
Cabot, Cabot & Forbes Acquires Industrial Property In Cambridge, MA For $49.6M
67 Smith Pl, Cambridge, MA 02138, USA
$49,600,000
$740/SF
Building Size
66,964 SF
Asset Type
Industrial
Closing
Oct 11, 2020
About this deal
AI
The industrial property located at 67 Smith Place in Cambridge, MA has been sold for a total price of $49,600,000. The property spans over an area of 66,964 square feet and the price per square foot is $741.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $49,600,000
The buyer of the property is Cabot, Cabot & Forbes.
The industrial sale at 67 Smith Pl, Cambridge, MA 02138, USA in Cambridge, Massachusetts sold for $49.6M in 2020. The building is 66,964 square feet, implying about 740 per square foot on the published price. This page is the Cambridge, Massachusetts file for the 67 Smith Pl, Cambridge, MA 02138, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Cambridge sit in the Market section below. Filter that Cambridge industrial set by closing date to see what else sold near 67 Smith Pl, Cambridge, MA 02138, USA around 2020. Published consideration for 67 Smith Pl, Cambridge, MA 02138, USA is $49.6M, dated 2020. Cite this Cabot, Cabot & Forbes Acquires Industrial Property In Cambridge, MA For $49.6M sale when underwriting similar industrial product around Cambridge, Massachusetts.
Players
Cambridge 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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93