facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

83 Warwick Street

Updated May 12, 2025

Behavioral Health Network Acquires Industrial Warehouse In Springfield For $1.675 Million
SOLDIndustrial

Behavioral Health Network Acquires Industrial Warehouse In Springfield For $1.675 Million

83 Warwick Street & 95 Warwick Street

$1,675,000

$14/SF

Building Size

57,508 SF

Asset Type

Industrial

Closing

Mar 28, 2025

About this deal

AI

An industrial property located at 83 Warwick Street and 95 Warwick Street in Springfield, MA was sold. The asset encompasses a total square footage of 57,508 and was transacted at a sale price of $1,675,000, which translates to a price per square foot of $29.

Summary of transaction details:

The transaction was facilitated by Brendan Greeley representing the buyer, Behavioral Health Network, and Kevin Jennings representing the seller, Center for EcoTechnology. The sale reflects the capabilities of Jennings Real Estate in handling the sale of the industrial warehouse.

Players

Kevin Jennings

Jennings Real Estate Services

Broker

$7M

vol

4 deals

Broker

Springfield Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Deal FAQ

About $14 per square foot on a published $1.7M for 115,016 square feet (2025).

Visit Kevin Jennings to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.47%

Cash-on-Cash

-2.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets