facebook
Traded Co logo
Submit
Daily limit: 0/10

Bridge Investment Group Acquires Retail Property At 185 Commercial Street In Malden For $175M

Property Image
SOLD
$175,000,000

Massachusetts

See Similar Deals
Retail
Sold 03/14/2025
the dealplayerscompscontact
Property Image
SOLD

Bridge Investment Group Acquires Retail Property At 185 Commercial Street In Malden For $175M

185 Commercial Street & 197 Commercial Street

See Similar Deals
Retail
Sold 03/14/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale

The property involved in this transaction is a retail asset located at 185 Commercial Street, within the Malden market. The transaction was completed at a price of $175,000,000.00.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $175,000,000.00
  • Buyer: Bridge Investment Group
  • Seller: NorthBridge Partners
  • Transaction Date: 03/14/2025

This deal was facilitated between the buyer, Bridge Investment Group, and the seller, NorthBridge Partners. The transaction represents a significant activity in the Malden market, reflecting the interests of both parties in the retail sector.

Details

SOLD
IMAGE: Jonathan Slager & Greg Lauze DATE: 03/14/2025 ADDRESS: 185 Commercial Street & 197 Commercial Street MARKET: Malden, MA ASSET TYPE: Retail BUYER: Jonathan Slager - Bridge Investment Group (@Bridge.CRE) SELLER: Greg Lauze - NorthBridge Partners SALE PRICE: $175,000,000 NOTE: Bridge Investment Group acquired an industrial property at 185 and 197 Commercial St. in Malden for $15.4M from NorthBridge Partners. The property is occupied by Beacon Building Products.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$9,333,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$621,738.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$829,589.28
Annual Debt Service$9,955,071.37