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.
Woburn 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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93