Updated Dec 21, 2023
Marcus Partners & The Davis Companies Sell Office Property In Waltham, MA For $330M
40 Sylvan Road, Waltham, MA, USA
$330,000,000
Building Size
—
Asset Type
Office
Closing
Sep 10, 2020
About this deal
AI
Two office buildings located at 40 & 50-60 Sylvan Road in Waltham, MA have been sold in a recent transaction. The properties were acquired for a total sale price of $330,000,000. The sale was facilitated by Marcus Partners and The Davis Companies, who acted as the sellers.
Summary of transaction details
- Property Type: Office
- Sale Price: $330,000,000
- Address: 40 & 50-60 Sylvan Road, Waltham, MA
The sale of these office buildings in Waltham, MA was facilitated by the Boston Capital Markets Group at Newmark Knight Frank. The brokers involved in the transaction were Robert Griffin, Edward Maher, Matthew Pullen, and Samantha Hallowell.
Players
Waltham Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93