Provender Partners Acquires Industrial Property In Londonderry, NH From Newmark
6 Rockingham Rd, Londonderry, New Hampshire 03053, United States
$67,000,000
$212/SF
Building Size
316,000 SF
Asset Type
Industrial
Closing
Feb 15, 2022
AI
An industrial property located at 6 & 219 Rockingham Rd. in Londonderry, NH has been sold for a total price of $67,000,000. The property spans a total area of 316,000 square feet and was sold at a price per square foot of $212.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $67,000,000
- Address: 6 & 219 Rockingham Rd., Londonderry, NH
- Market: Londonderry, NH
- Buyer: Provender Partners
- Buyer's Representative: Kevin Griffiths - Newmark
- Seller's Representative: Brian Pinch - Newmark
Kevin Griffiths from Newmark represented the buyer, Provender Partners, in this transaction. Meanwhile, Brian Pinch, also from Newmark, represented the seller.
Players
Londonderry Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93