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109 115 Broad Street

Peter Zagorianakos Of Triad Alpha Acquires Office Asset From KS Partners For $8.9M
SOLDOffice

Peter Zagorianakos Of Triad Alpha Acquires Office Asset From KS Partners For $8.9M

109 115 Broad Street

$8,900,000

$168/SF

Building Size

52,910 SF

Asset Type

Office

Closing

Apr 22, 2025

AI

The property asset involved in the transaction is an office located at 109-115 Broad Street, Boston, MA. The sale price for this asset was $8,900,000, comprising a total of 52,910 square feet, resulting in a price per square foot of $168.

Summary of transaction details:

The transaction featured notable individuals including the buyer, Peter Zagorianakos representing Triad Alpha, and the seller, KS Partners. The deal was brokered by Frank Petz, Matthew Sherry, Rob Schlesinger, Daniel Hincks, and Jack Barrett from Colliers, reflecting a collaborative effort in facilitating the sale.

Players

Matthew Sherry

Colliers

Broker

$1.3B

vol

27 deals

Broker
KP
KS PartnersSeller

Boston Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.78%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93