SOLDOffice
Alexandria Real Estate Equities Acquires Office Building In Woburn, MA For $124.7M
225 Presidential Way, Woburn, Massachusetts 01801, United States
$124,700,000
$283/SF
Building Size
440,000 SF
Asset Type
Office
Closing
Feb 3, 2022
AI
The office property located at 225 & 235 Presidential Way in Woburn, MA has been sold for a total price of $124,700,000. The property spans approximately 440,000 square feet, resulting in a price per square foot of $283.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $124,700,000
- Square Footage: 440,000
- Price Per Square Foot: $283
- Address: 225 & 235 Presidential Way, Woburn, MA
- Market: Woburn, MA
The buyer in this transaction is Alexandria Real Estate Equities, represented by Joel Marcus.
Woburn 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
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93