facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Sale

/

10 Moulton Street, Cambridg...

Healthpeak Properties Inc. Acquires Office Property In Cambridge, MA For $180M
SOLDOffice

Healthpeak Properties Inc. Acquires Office Property In Cambridge, MA For $180M

10 Moulton Street, Cambridge, Massachusetts, USA

$180,000,000

$787/SF

Building Size

228,592 SF

Asset Type

Office

Closing

Sep 15, 2021

AI

Healthpeak Properties Inc. has acquired an office property located at 10 Moulton St in Cambridge, MA. The transaction took place on September 15, 2021, with a sale price of $180,000,000. The property spans a total area of 228,592 square feet, resulting in a price per square foot of $787. The asset was sold by Clarion Partners.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Amount: $180,000,000
  • Address: 10 Moulton St, Cambridge, MA
  • Market: Cambridge, MA

The deal was facilitated by the brokerage firm Newmark, with Robert Griffin, Edward Maher, Matthew Pullen, Michael Byrne, Samantha Hallowell, and Thomas Greeley representing both the buyer, Healthpeak Properties Inc., and the seller, Clarion Partners.

Players

Matthew Pullen

Newmark

Broker

$6.2B

vol

57 deals

Broker
Healthpeak Properties
Healthpeak PropertiesBuyer
Clarion Partners
Clarion PartnersSeller
Clarion Partners
Clarion PartnersLender

Cambridge Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93