Bridge Logistics Properties Acquires Industrial Asset In Wilmington & Canton MA And Alameda CA
111 Eames Street, 100 John Road & 1450 South Loop Road
Building Size
158,568 SF
Asset Type
Industrial
Closing
Dec 18, 2025
AI
The property involved in this transaction encompasses three industrial locations measuring a total of 168,888 square feet. The addresses include 111 Eames Street, 100 John Road, and 1450 South Loop Road. The markets represented in this deal are Wilmington & Canton, MA; and Alameda, CA.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Addresses: 111 Eames Street, 100 John Road & 1450 South Loop Road
- Market: Wilmington & Canton, MA; Alameda, CA
- Square Footage: 168,888
- Buyer: Bridge Logistics Properties
- Key Individuals: Will Gilkeson, Mac Lee, Sean Andrews, Raouf Tawfik & Burke Campbell
The buyers, representing Bridge Logistics Properties, are comprised of Will Gilkeson, Mac Lee, Sean Andrews, Raouf Tawfik, and Burke Campbell, who played a pivotal role in this closed transaction.
Players
Wilmington 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93