facebook
Traded Co logo
Submit
Daily limit: 0/10

Aaron Snegg Of Berkeley Partners Acquires Industrial Asset From Steve Goodman Of GFI Partners For $22M

Property Image
SOLD
$22,000,000
Steven Goodman
AS

Massachusetts

See Similar Deals
Industrial95,000 SF
Sold 07/16/2025
the dealplayerscompscontact
Property Image
SOLD

Aaron Snegg Of Berkeley Partners Acquires Industrial Asset From Steve Goodman Of GFI Partners For $22M

900 Middlesex Turnpike

See Similar Deals
Industrial95,000 SF
Sold 07/16/2025
Steven Goodman
AS
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$231
Total Square Footage:95,000 SF
Transaction Type:Sale

The industrial asset at 900 Middlesex Turnpike in Billerica, MA encompasses a total area of 95,000 square feet. The property was transacted for a sale price of $22,000,000, translating to a price per square foot of $232. The building, constructed in the 1980s, was previously sold for $8.1 million in 2018.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $22,000,000
  • Address: 900 Middlesex Turnpike
  • Market: Billerica, MA
  • Square Footage: 95,000
  • Price per Square Foot: $232
  • Buyer: Aaron Snegg - Berkeley Partners
  • Seller: Steve Goodman - GFI Partners
  • Previous Sale Price: $8,100,000
  • Previous Sale Year: 2018

Aaron Snegg represented Berkeley Partners in this acquisition, while Steve Goodman represented GFI Partners in the sale transaction. The deal reflects the ongoing activity in the industrial property sector.

Players

AS
Aaron Snegg
6 deals$161M volume
BUYER
Berkeley Partners
Berkeley Partners
BUYER
Steven Goodman
GFI Partners
Steven Goodman
3 deals$27.5M volume
SELLER
GFI Partners
GFI Partners
SELLER

Details

SOLD
IMAGE: Aaron Snegg & Steve Goodman DATE: 07/16/2025 ADDRESS: 900 Middlesex Turnpike MARKET: Billerica, MA ASSET TYPE: Industrial BUYER: Aaron Snegg - Berkeley Partners (@BerkeleyPartners) SELLER: Steve Goodman - GFI Partners SALE PRICE: $22,000,000 SF: 95,000 ~ PPSF: $232 NOTE: Berkeley Partners bought the 95,000 SF flex/R&D building at 900 Middlesex Turnpike in Billerica for $22M. GFI Partners sold the 1980s property, which last traded for $8.1M in 2018.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,173,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$78,161.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,291.22
Annual Debt Service$1,251,494.69