Updated Oct 28, 2024
Oliver Street Capital Acquires Industrial Property In Lawrence, MA For $15.7M
91 Glenn St, Lawrence, Massachusetts 01843, United States
$15,700,000
$173/SF
Building Size
90,692 SF
Asset Type
Industrial
Closing
Jan 25, 2022
About this deal
AI
A warehouse property located at 91-101 Glenn St in Lawrence, MA has been sold in a recent transaction. The industrial asset spans across 90,692 square feet, with an impressive price per square foot of $173. The sale was completed on January 12, 2022, and the property was purchased for a total of $15,700,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $15,700,000
- Address: 91-101 Glenn St, Lawrence, MA
- Market: Lawrence, MA
The buyer in this transaction is Oliver Street Capital, while the seller is 91 Glenn St., LLC. The deal was facilitated by Bernard Gibbons from Associated Brokerage Group (ABG), representing the seller's interests.
On the Map
$15,700,000
$173/SF
Industrial
View full map
Lawrence Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Bernard Gibbons to view all their deals.
Browse Massachusetts industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93