Updated Oct 28, 2024
CIM Group Loans $147.65M For Office Building Acquisition At One Cabot Rd, Medford MA
1 Cabot Road, Medford, MA 02155
$147,650,000
$462/SF
Building Size
318,993 SF
Asset Type
Office
Closing
Jan 12, 2022
About this deal
AI
The office property located at One Cabot Rd in Medford, MA has been involved in a recent transaction. The property spans a total of 318,993 square feet and is owned by The Davis Companies.
Summary of transaction details
The loan for this transaction was provided by CIM Group. The specific loan amount was $147,650,000. No additional information is available regarding this transaction.
The office loan at 1 Cabot Road, Medford, MA 02155 in Medford, Massachusetts financed for $147.7M in 2022. The building is 318,993 square feet, implying about 462 per square foot on the published price. This page is the Medford, Massachusetts file for the 1 Cabot Road, Medford, MA 02155 office financed: pricing, party profiles, and other closed office comps from the same Medford sit in the Market section below. Filter that Medford office set by closing date to see what else financed near 1 Cabot Road, Medford, MA 02155 around 2022. Published consideration for 1 Cabot Road, Medford, MA 02155 is $147.7M, dated 2022. Cite this CIM Group Loans $147.65M For Office Building Acquisition At One Cabot Rd, Medford MA loan when underwriting similar office product around Medford, Massachusetts.
Players
Medford Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93