Updated Oct 13, 2026
Mass General Brigham Acquires Office Building In Braintree, MA For $14M
60 Columbian Street, Braintree, MA, USA
$14,000,000
$123/SF
Building Size
113,280 SF
Asset Type
Office
Closing
Jul 6, 2021
About this deal
AI
The office property located at 60 Columbian St in Braintree, MA was recently sold in a transaction. The property spans across 113,280 square feet and was sold for a total price of $14,000,000, resulting in a price per square foot of $124.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $14,000,000
- Square Footage: 113,280
- Address: 60 Columbian St, Braintree, MA
- Market: Braintree, MA
Jumbo Capital Inc., represented by Jordan Berns, acted as the seller in this transaction. The buyer of the property is Mass General Brigham Integrated Health Care System.
On the Map
$14,000,000
$123/SF
Office
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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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93