Updated Oct 28, 2024
Anchor Health Properties Acquires Braintree, MA Office Building For $15.3M
340 Wood Road, Braintree, Massachusetts 02184, United States
$15,300,000
$323/SF
Building Size
47,350 SF
Asset Type
Office
Closing
Oct 25, 2022
About this deal
AI
An office property located at 340 Wood Rd in Braintree, MA has been sold for a price of $15,300,000. The property spans a total of 47,350 square feet, resulting in a price per square foot of $323. The sale took place on October 26, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $15,300,000
- Address: 340 Wood Rd, Braintree, MA
- Market: Braintree, MA
- Asset Type: Office
The buyer, Anchor Health Properties, acquired the property from the seller, Novaya Real Estate Ventures. The transaction was facilitated by Michael Greely from Newmark acting as the broker for both parties involved.
Players
Braintree 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
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93