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Hope & Comfort Leases 10,600 Sq Ft Mixed-Use Space In Needham For New Headquarters
LEASED
Massachusetts
See Similar DealsMixed-use10,600 SF
Leased 09/27/2024
LEASED
Hope & Comfort Leases 10,600 Sq Ft Mixed-Use Space In Needham For New Headquarters
33 Fourth Avenue
See Similar DealsMixed-use10,600 SF
Leased 09/27/2024
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:10,600 SF
Transaction Type:Lease
The property asset involved in this transaction is a mixed-use facility located at 33 Fourth Avenue, Needham, MA. The total square footage of the property is 10,600 square feet, accommodating the needs of the new tenant.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Address: 33 Fourth Avenue
- Market: Needham, MA
- Landlord: Fourth Avenue Realty Trust
- Tenant: Hope & Comfort
- Brokers: Dean Blackey & Elizabeth Holmes - R.W. Holmes Commercial Real Estate
R.W. Holmes facilitated the leasing of the property, securing a lease for Hope & Comfort, which will serve as their new headquarters. The relocation is part of their mission to expand the availability of hygiene products for children in need across the Greater Boston area.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$607,585.60
Total Lease Value
$6,075,856.04
Net Landlord Cash Flow$607,585.60
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