Updated Oct 14, 2026
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
About this deal
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.
On the Map
$3,500,000
$538/SF
Industrial
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Players
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