Updated Oct 28, 2024
FoxRock Acquires Retail Property In Boston, MA For $43.5M
176 Federal St, Boston, MA, USA
$43,500,000
$564/SF
Building Size
77,000 SF
Asset Type
Retail
Closing
Oct 19, 2021
About this deal
AI
The retail property located at 176 Federal St, Boston, MA has been sold for a price of $43,500,000. The property spans across 77,000 square feet, resulting in a price per square foot of $565. The transaction took place on 10/19/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $43,500,000
- Address: 176 Federal St, Boston, MA
- Market: Boston, MA
The buyer of the property is FoxRock, represented by Bryan Giudicelli. The seller of the property is Kuwait Projects Co, represented by Samer Khanachet.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93