Brookline Bank Provides $66M Loan For Marlborough Office Property
FINANCED
$66,000,000
Maine
See Similar DealsOffice5,319,160 SF
Financed 06/18/2020
FINANCED
Brookline Bank Provides $66M Loan For Marlborough Office Property
100 Campus Dr, Scarborough, ME 04074, USA
See Similar DealsOffice5,319,160 SF
Financed 06/18/2020
Summary
MAINE
Asset Type:Office
Price Per Square Foot:$12
Total Square Footage:5,319,160 SF
Transaction Type:Loan
The office property located at 100 Campus Drive in Marlborough has been involved in a recent transaction. The property, spanning 531,916 square feet, was subject to a loan transaction.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $66,000,000
- Address: 100 Campus Drive, Marlborough
- Market: Marlborough
The loan for this transaction was provided by Brookline Bank. The landlords of the property are Greatland Realty Partners, represented by Kevin Sheehan, and Breed's Hill Capital, represented by John Edwards. The deal was facilitated by Lauren O'Neil, Andrew Gray, and Henry Schaffer from JLL Capital Markets.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$66,000,000.00
Monthly NOI$440,000.00
Monthly Debt Service$417,164.90
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions