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101 Main Street

Mass General Brigham Renews Lease For 5401 Sq Ft Medical Office In Medford MA
LEASEDMedical Office

Mass General Brigham Renews Lease For 5401 Sq Ft Medical Office In Medford MA

101 Main Street

Building Size

5,401 SF

Asset Type

Medical Office

Closing

Apr 30, 2025

AI

The transaction involved a medical office asset located at 101 Main Street in Medford, MA, comprising a total area of 5,401 square feet. The property is situated in a multi-specialty medical office building.

Summary of transaction details:

Mass General Brigham renewed its lease, securing tenancy in the property managed by Gemini Realty Trust. Anthony Biette represented the landlord in the negotiations, while Julie Gray acted on behalf of the tenant throughout the leasing process.

Players

Anthony Biette

Freudenheim Partners

Broker

$27.9M

vol

4 deals

Broker

Medford Medical Office Market Snapshot

Boundary boundary · Medical Office · 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