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Cabot Road, Medford, Massac...

Brookwood Financial Partners, LLC Acquires Office Building In Medford, MA From KS Partners
SOLDOffice

Brookwood Financial Partners, LLC Acquires Office Building In Medford, MA From KS Partners

Cabot Road, Medford, Massachusetts 02155, United States

Building Size

107,026 SF

Asset Type

Office

Closing

Jan 18, 2022

AI

Ten Cabot, an office property with a total area of 107,026 square feet, located in Medford, MA, has been sold in a recent transaction.

Summary of transaction details

This deal involved the purchase of Ten Cabot in Medford, MA. The buyer, Brookwood Financial Partners, LLC, acquired the property from KS Partners. The transaction was facilitated by brokers Frank Petz, Matthew Sherry, Jeanne Pinado, John Nasca, and Brooke Howard from Colliers.

Players

John Nasca

Lee & Associates

Broker

$726M

vol

14 deals

Broker
BL
Brookwood Financial Partners, LLCBuyer
KP
KS PartnersSeller

Medford 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93