Updated Aug 25, 2025
Hilco Real Estate Acquires Property At 41 Seyon St Waltham For $86M With Newmark Rep
41 Seyon St, Waltham, MA, 02453
$86,000,000
$195/SF
Building Size
440,000 SF
Asset Type
Office
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in the transaction is CenterPoint, located at 41 Seyon St, Waltham, MA. The sale amount for this office complex was $86,000,000.00, and it spans a total square footage of 440,000. The market for this property is Waltham.
Summary of transaction details:
- Property Type: Office Complex
- Transaction Amount: $86,000,000.00
- Square Footage: 440,000
- Address: 41 Seyon St, Waltham, MA, 02453
- Market: Waltham
- Seller's Representative: Matthew (Matt) Pullen, Edward Maher - Newmark
- Buyer: Hilco Real Estate
The deal was facilitated by NKF Capital Markets, with Edward Maher, Matthew Pullen, and Robert Griffin representing the seller, who is Rubenstein Partners. The anchor tenants at the property include Repligen, EDC (Education Development Center), and Simpson Gumpertz & Heger.
Players
Waltham 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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93