William L. Manley Of Calare Properties Acquires Industrial Asset In Hyde Park For $7.1M
1 Westinghouse Plaza
$7,100,000
$169/SF
Building Size
42,000 SF
Asset Type
Industrial
Closing
Jul 21, 2026
AI
Calare Properties acquired One Westinghouse Plaza Building K, an industrial warehouse/flex property located at 1 Westinghouse Plaza in Hyde Park, MA. The asset encompasses a total square footage of 42,000 and the sale price was recorded at $7,100,000, equating to a price per square foot of $169.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,100,000
- Buyer: William L. Manley
- Buyer's Company: Calare Properties
- Market: Hyde Park, MA
- Square Footage: 42,000
- Price Per Square Foot: $169
William L. Manley represented Calare Properties in this transaction, which supports the firm's expansion in Boston’s Hyde Park, a prominent urban industrial market known for its tight inventory.
Hyde Park 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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93