Cambridge Community Television Renews 9,167 Square Foot Lease At 438 Massachusetts Avenue
438 Massachusetts Avenue
Building Size
9,167 SF
Asset Type
Mixed-use
Closing
May 7, 2026
AI
The property asset involved in this transaction is a mixed-use facility located at 438 Massachusetts Avenue in Cambridge, MA. It encompasses a total square footage of 9,167, reflecting its capability for diverse use in the local market.
Summary of transaction details:
- Property Type: Mixed Use
- Transaction Amount: Not specified
- Address: 438 Massachusetts Avenue
- Market: Cambridge, MA
- Tenant: Shelley Wolfe - Cambridge Community Television (CCTV)
- Brokers: Christopher Rogers & Ellen Fantini Cullinan - Freudenheim Partners
Freudenheim Partners represented Cambridge Community Television (CCTV) in the renewal of their lease at the specified address, allowing for their continued occupancy in Central Square. This representation played a critical role in securing the lease renewal for CCTV.
Players
Quincy Mixed-use Market Snapshot
Boundary boundary · Mixed-use · 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