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100 Spring Street

Diarmaid McGregor Of DMS Equity Purchases Retail At 100 Spring Street For $1.9M
SOLDRetail

Diarmaid McGregor Of DMS Equity Purchases Retail At 100 Spring Street For $1.9M

100 Spring Street

$1,900,000

$339/SF

Building Size

5,600 SF

Asset Type

Retail

Closing

May 1, 2025

AI

The property asset involved in this transaction is a retail space located at 100 Spring Street in Boston, MA. The sale price for this property was $1,900,000, encompassing a total square footage of 5,600 with a price per square foot of $339.

Summary of transaction details:

This transaction involved key individuals such as Diarmaid McGregor representing the buyer DMS Equity, and McDevitt Realty as the seller. The deal was facilitated by brokers Joe Wagner, Harrison Demeritt, Whitney Gallivan, and Augustus Hoffmann from Boston Realty Advisors, who collectively managed the transaction process.

Players

Joe Wagner

Boston Realty Advisors

Broker

$88.9M

vol

16 deals

Broker

West Roxbury Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93