Anthony Gleason II Acquires Industrial Asset At 160 Old Lyman Road South Hadley For $1.37M
160 Old Lyman Road
$1,370,000
$152/SF
Building Size
9,000 SF
Asset Type
Industrial
Closing
Jun 4, 2026
AI
The property is an industrial asset located at 160 Old Lyman Road in South Hadley, MA. The sale was completed for a total price of $1,370,000, encompassing a building with a square footage of 9,000. The price per square foot for this transaction was noted at $152.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,370,000
- Address: 160 Old Lyman Road
- Market: South Hadley, MA
- Square Footage: 9,000
- Price Per Square Foot: $152
- Buyer: Anthony Gleason II
- Seller: Adam Quenneville
- Brokers: Paul Gallagher & Maggie Mislak - Gallagher Real Estate
Anthony Gleason II acted as the buyer in this transaction, while Adam Quenneville was the seller. The brokerage team involved in facilitating this deal included Paul Gallagher and Maggie Mislak, representing Gallagher Real Estate.
Players
South Hadley 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
11.58%
Cash-on-Cash
-3.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93