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216 New Boston Street

Cabot, Cabot & Forbes Secures $79.3M Loan From Kawa Capital Management For Woburn Office Complex
FINANCEDOffice

Cabot, Cabot & Forbes Secures $79.3M Loan From Kawa Capital Management For Woburn Office Complex

216 New Boston Street

$79,300,000

$440/SF

Building Size

180,000 SF

Asset Type

Office

Closing

Dec 10, 2025

AI

The property asset involved in this transaction is a 180,000-square-foot office complex located at 216 New Boston Street in Woburn, MA. The total loan amount secured for the construction of this property is $79,300,000, as part of a larger $125,000,000 project aimed at building a life sciences, office, and manufacturing complex known as The Bolt.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $79,300,000
  • Address: 216 New Boston Street
  • Market: Woburn, MA
  • Lender: Daniel Ades - Kawa Capital Management
  • Landlord: Jay Doherty - Cabot, Cabot & Forbes
  • Loan Type: Construction

This transaction highlights the collaboration between Kawa Capital Management and Cabot, Cabot & Forbes, with Daniel Ades serving as the lender and Jay Doherty representing the landlord in this significant construction financing deal aimed at expanding the local real estate landscape.

Players

Daniel Ades

Kawa Capital Management

Lender

$104.3M

vol

2 deals

Lender
Kawa Capital Management
Kawa Capital ManagementLender

Woburn Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.20%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93