Updated Oct 29, 2024
Wilder Acquires Walpole Shopping Mall In Boston Suburb For $71.95M
90 Providence Highway Walpole, Massachusetts 02032
$71,950,000
$180/SF
Building Size
397,971 SF
Asset Type
Retail
Closing
Jul 31, 2023
About this deal
AI
The Walpole Shopping Mall in the Boston suburb of Walpole, Massachusetts has been sold for $71.95 million. The property, located at 90 Providence Hwy, spans 397,971 square feet and was purchased by Wilder. The transaction price translates to approximately $181 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $71,950,000
- Square Footage: 397,971
- Market: Walpole, MA
- Buyer: Wilder
- Seller: RPD Catalyst LLC
Wilder, a real estate investment firm, acquired the Walpole Shopping Mall from RPD Catalyst LLC. This strategic purchase expands Wilder's portfolio in the retail sector.
Players
East Walpole Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse East Walpole retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93