Waldman & Assocs. caps off 2025 with $11.64 million in transactions

Millis, MA Dan Waldman of Waldman & Associates closed out 2025 with several notable commercial real estate transactions across Massachusetts.

On Dec. 19, Waldman finalized the sale of 5.25 acres in Millis, for $5.25 million, above the asking price, at a 4.1 cap rate. He had previously sold the adjacent self-storage facility for the same owner. After the owner unsuccessfully attempted to sell the land independently, Waldman was engaged to identify a buyer and structure a tax-efficient exit. He sourced the buyer and advised the client on a Delaware Statutory Trust (DST) investment, allowing the seller to defer capital gains and transition to a passive investment.

Earlier in December, Waldman also placed an Andover-area client into a DST investment totaling $2.7 million, continuing his focus on tax-deferred strategies for property owners seeking passive income.

Waldman is among a small group of brokers licensed to sell both absolute NNN investments and Delaware Statutory Trusts, enabling him to provide integrated sales and tax-deferral strategies. A core component of his practice includes capital gains deferral through 1031 exchanges.

In addition, Waldman represented the buyer in the acquisition of vacant land adjacent to the new Raising Cane’s development in Framingham, Mass., which closed for $3.2 million. The seller was represented by Brian Nadler. Waldman credited Nadler’s professionalism for a smooth closing.

Waldman also completed a long-term lease for a former Santander Bank property in Lynn, Mass., where construction is underway for a new Dairy Queen. His client is investing more than $1 million in the redevelopment, with plans to open by summer.

Additionally, Waldman completed the sale of one of the oldest Dunkin’ Donuts locations in New Bedford, which had operated at the site for more than 50 years. Due to drive-through limitations, Dunkin’ Donuts relocated nearby, allowing the property to trade. The building sold for $490,000.

“These transactions reflect the importance of strategy, relationships, and creativity in today’s market,” Waldman said. “Whether sourcing the right buyer, structuring a 1031 exchange, or repositioning a property, my goal is to maximize value for clients.”

Waldman said he is optimistic about 2026 and expects to make several announcements in the coming months.