Acore Capital Refinances Mixed-use Property At 200 Exchange St In Malden, MA For $135.1M
200 Exchange Street, Malden, Massachusetts 02148, United States
$135,100,000
$383/SF
Building Size
352,000 SF
Asset Type
Mixed-use
Closing
Dec 15, 2021
AI
A mixed-use property located at 200 Exchange St in Malden, MA has recently undergone a refinancing transaction. The property spans an impressive 352,000 square feet, making it a significant asset in the market. The transaction took place on December 16, 2021.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $135,100,000
- Address: 200 Exchange St
- Market: Malden, MA
The landlord of the property is Berkeley Investments and Singerman Real Estate, while the lender for the refinancing deal is Acore Capital. The transaction was facilitated by Lauren O’Neil and Coleman Benedict of JLL Capital Markets.
Players
Malden Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93