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79 Concord Street

Tom Mammolito Daniel Glaser Sam Schneider Of Imperium Capital Acquire Industrial Asset In North Reading For $3.5M
SOLDIndustrial

Tom Mammolito Daniel Glaser Sam Schneider Of Imperium Capital Acquire Industrial Asset In North Reading For $3.5M

79 Concord Street

$3,500,000

$538/SF

Building Size

6,500 SF

Asset Type

Industrial

Closing

Dec 3, 2025

AI

The property involved in this transaction is an industrial asset located at 79 Concord Street in North Reading, MA. The transaction was finalized for a sale price of $3,500,000. This industrial property spans 6,500 square feet, resulting in a price per square foot of $538.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,500,000
  • Address: 79 Concord Street
  • Market: North Reading, MA
  • Square Footage: 6,500
  • Price Per Square Foot: $538
  • Buyer: Tom Mammolito, Daniel Glaser & Sam Schneider - Imperium Capital
  • Seller: Lillian Montalto
  • Date of Sale: 12/4/2025

The transaction was facilitated by Tom Mammolito, Daniel Glaser, and Sam Schneider, who represent Imperium Capital as the buyers. Lillian Montalto acted as the seller in this deal.

Players

Sam Schneider

Imperium Capital

Buyer

$76.9M

vol

15 deals

Buyer
IC
Imperium CapitalBuyer
Lillian Montalto

Lillian Montalto

Imperium Capital

Seller

$8.8M

vol

4 deals

Seller

North Reading 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93