facebook

traded

+ Submit
Home

/

Deals

/

New Hampshire

/

Industrial

/

Loan

/

Hudson, New Hampshire, Unit...

R.J. Kelly Co Acquires Industrial Portfolio In Hudson, Nashua, Salem, Londonderry, Manchester & Amherst, NH For $76.3M
FINANCEDIndustrial

R.J. Kelly Co Acquires Industrial Portfolio In Hudson, Nashua, Salem, Londonderry, Manchester & Amherst, NH For $76.3M

Hudson, New Hampshire, United States

$76,300,000

Building Size

Asset Type

Industrial

Closing

Sep 22, 2022

AI

The Industrial Portfolio located in Hudson, Nashua, Salem, Londonderry, Manchester, and Amherst, NH has undergone an acquisition financed by a loan. The property, owned by R.J. Kelly Co and represented by Brandon Kelly, is an industrial asset situated in these various markets.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $76,300,000
  • Loan Type: Acquisition

The loan for this transaction was provided by multiple lenders including HarborOne, Salem 5, Westfield Bank, Service Credit Union, and Bank Newport. The brokers involved in this deal were Rob Borden and Andrew Stone of CBRE, representing the buyer or seller.

Players

Robert Borden

CBRE

Broker

$256.3M

vol

7 deals

Broker
HarborOne Bank
HarborOne BankLender

Brandon Kelly

R.J. Kelly Co

Landlord

$109.1M

vol

3 deals

Landlord

Hudson Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93