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
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