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Thor Equities Leases 101500 Square Feet At 1041 Us-202 Bridgewater Township Through Daniel Loughlin

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LEASED

Massachusetts

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Office101,500 SF
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LEASED

Thor Equities Leases 101500 Square Feet At 1041 Us-202 Bridgewater Township Through Daniel Loughlin

1041 Us-202, Bridgewater Township...

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Office101,500 SF
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:101,500 SF
Transaction Type:Lease

The property asset involved in the transaction is an office space located at 1041 Us-202, Bridgewater Township, within the Scituate market. The lease encompasses an area of 101,500 square feet in The New Jersey Center of Excellence, which is part of an 800,000-square-foot life sciences and laboratory office complex. The center offers amenities such as a cafeteria, fitness center, and conference center, making it conducive for business operations.

Summary of transaction details:

  • Property Type: Office lease
  • Transaction Amount: Not specified
  • Square Feet: 101,500
  • Address: 1041 Us-202, Bridgewater Township
  • Market: Scituate
  • Landlord: Thor Equities
  • Landlord's Representative: Daniel Loughlin - JLL
  • Tenant: PTC Therapeutics

Daniel Loughlin from JLL represented the landlord, Thor Equities, during the lease negotiations. PTC Therapeutics has committed to a long-term lease, securing three floors within the complex, which also houses other tenants such as Kashiv Pharma LLC, Nestlé Health Science, and Ashland Global.

Players

Daniel (Dan) Loughlin
4 deals$118.5M volume(973) 829-4695
BROKER

Thor Equities
LANDLORD

Details

LEASED
IMAGE: 1041 Us-202, Bridgewater Township... MARKET: Scituate LANDLORD'S REP: Daniel Loughlin-JLL TENANT: LANDLORD: Thor Equities SQUARE FEET: 101500

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Deal Type
Effective Rent (Annual)

$5,817,918.75

Total Lease Value

$58,179,187.51

Net Landlord Cash Flow$5,817,918.75