Updated Nov 7, 2025
The Seyon Group Acquires Industrial Asset From Charlesbank Estates For $16.3 Million In Billerica MA
19 Alexander Road
$16,300,000
$214/SF
Building Size
75,967 SF
Asset Type
Industrial
Closing
Oct 27, 2025
About this deal
AI
The property involved in the transaction is an industrial asset located at 19 Alexander Road, Billerica, MA. The sale was finalized for a price of $16,300,000, covering an area of 75,967 square feet, which translates to a price per square foot of $214.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,300,000
- Square Footage: 75,967
- Price per Square Foot: $214
- Buyer: The Seyon Group
- Seller: Charlesbank Estates, Inc
- Seller's Representative: Benjamin Gatti - Greater Boston Commercial Properties
The Seyon Group acted as the buyer in this transaction, while Charlesbank Estates, Inc was the seller. Benjamin Gatti from Greater Boston Commercial Properties represented the seller in this deal, facilitating the transaction between the involved parties.
On the Map
$16,300,000
$214/SF
Industrial
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Players
Billerica 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
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93