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Minardi LP Acquires Office Buildings In Marlborough For $13.1M

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SOLD
$13,100,000

Massachusetts

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Minardi LP Acquires Office Buildings In Marlborough For $13.1M

200 Donald Lynch BLVD, Marlborough...

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Summary

MASSACHUSETTS
Asset Type:Office
Transaction Type:Sale

The property involved in the transaction is an office asset located at 200 Donald Lynch Blvd in Marlborough, Burlington. The property was sold for $13.1 million and spans a total of 116,762 square feet. The building is currently 95 percent occupied, with tenants like Brookfield Power, Western Digital, and ReWalk Robotics.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $13,100,000.00
  • Address: 200 Donald Lynch Blvd, Marlborough
  • Market: Burlington
  • Buyer: The Minardi Limited Partnership
  • Seller: Pondview JV Owner LLC
  • Tenants: Brookfield Power, Western Digital, ReWalk Robotics

The buyer in this transaction was The Minardi Limited Partnership, represented by William (Wills) Givens of CBRE. On the other hand, Pondview JV Owner LLC was represented by Newmark Knight Frank. The deal was brokered by William Kelleher IV and James Cozza of Kelleher & Sadowsky Associates.

Players

William (Wills) Givens
CBRE
William Givens
4 deals$13.1M volume
BROKER

Details

SOLD
IMAGE: 200 Donald Lynch BLVD, Marlborough... MARKET: Burlington ASSET TYPE: Office BUYER'S REP: William (Wills) Givens(CBRE) BUYER: The Minardi Limited Partnership SELLER: Pondview JV Owner LLC PRICE: $13,100,000.00

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$46,541.54
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