Sagard Real Estate Acquires Industrial Asset From Jonathan Hyde And Bain Capital For $17.85M

Sagard Real Estate has acquired a fully leased industrial property at 8 Roessler Road, Woburn, MA, encompassing 66,970 square feet on 3.33 acres for $17.85 million. The sale was previously held by a joint venture involving Oliver Street Capital and Bain Capital's Real Estate team.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,850,000
• Address: 8 Roessler Road
• Market: Woburn, MA
• Asset Size: 66,970 sq ft
• Price Per Square Foot: $267
• Buyer: Sagard Real Estate
• Seller: Jonathan Hyde - Oliver Street Capital & Bain Capital
• Brokers: Michael Restivo, David Coffman & Tommy Hovey - JLL
• Acres: 3.33

Michael Restivo, David Coffman, and Tommy Hovey from JLL represented the seller, Jonathan Hyde of Oliver Street Capital, in this transaction, indicating the collaborative efforts involved in facilitating the deal between the parties.