Girl Scouts Of Eastern Massachusetts Leases Space From A.W. Perry At 211 Berkeley St Boston
211 Berkeley St # 217, Boston, MA, 0...
Building Size
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Asset Type
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Closing
Nov 19, 2023
AI
The lease transaction involves a property located at 211 Berkeley St # 217, Boston, MA. The tenant secured the space with a total area associated with the transaction being part of a larger complex at the Berkeley at 420 Boylston Street. The market for this transaction is Boston.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Lease Address: 211 Berkeley St # 217, Boston, MA
- Market: Boston
- Tenant: Girl Scouts of Eastern Massachusetts
- Landlord: A.W. Perry
- Tenant's Representatives: Kelly Lockberg - JLL, Christopher Rogers - Freudenheim Partners, Ellen Fantini - Cullinan-Freudenheim Partners
- Landlord's Representative: Jonathan H. Gifford - Perry Brokerage Associates
In this transaction, Executive Vice President Jon Gifford played a critical role in securing leases for multiple tenants, which include CargoMetrics Technologies and Overall Capital Partners, alongside Girl Scouts of Eastern Massachusetts. Kelly Lockberg and Molly Heath represented CargoMetrics in the deal. A.W. Perry's Senior Vice President, Kerri Gallaway, expressed satisfaction with the new tenants, indicating a positive outlook for future collaboration.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93