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11 Executive Drive

Adria Bagshaw & Aaron Bagshaw Of WH Bagshaw Company, Inc. Acquire Mixed-Use Property In Hudson For $6.8M
SOLDMixed-use

Adria Bagshaw & Aaron Bagshaw Of WH Bagshaw Company, Inc. Acquire Mixed-Use Property In Hudson For $6.8M

11 Executive Drive

$6,800,000

$122/SF

Building Size

55,595 SF

Asset Type

Mixed-use

Closing

Apr 29, 2025

AI

The asset involved in this transaction is a mixed-use property located at 11 Executive Drive in Hudson, CT. The facility encompasses 55,595 square feet and was sold for a transaction amount of $6,800,000, translating to a price per square foot of $122.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $6,800,000
  • Address: 11 Executive Drive
  • Market: Hudson, CT
  • Square Footage: 55,595
  • Price per Square Foot: $122
  • Buyer: Adria Bagshaw & Aaron Bagshaw - WH Bagshaw Company, Inc
  • Seller: Semikron Danfoss, Inc.
  • Buyer's Representative: Mark Prolman - Prolman Realty
  • Seller's Representatives: John Harris & Nicholas (Nick) Biedron - Binswanger

Mark Prolman represented the buyers in this transaction, facilitating the acquisition of the facility by WH Bagshaw Company, Inc. The property will serve as a site focusing on CNC production, specifically catering to industries including medical and aerospace.

Players

Nicholas Biedron

Binswanger

Broker

$57.2M

vol

11 deals

Broker
Oxford Partners
Oxford PartnersBrokerage

Hudson Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93