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:
- Property Type: Retail
- Transaction Amount: $1,900,000
- Address: 100 Spring Street
- Market: Boston, MA
- Square Footage: 5,600
- Price per Square Foot: $339
- Buyer: Diarmaid McGregor - DMS Equity
- Seller: McDevitt Realty
- Brokers: Joe Wagner, Harrison Demeritt, Whitney Gallivan & Augustus Hoffmann - Boston Realty Advisors
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
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