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110 Milk Street

Synergy's David Greaney Leases Office Space At 110 Milk Street To Diedrich & Donohue LLP
LEASEDOffice

Synergy's David Greaney Leases Office Space At 110 Milk Street To Diedrich & Donohue LLP

110 Milk Street

Building Size

Asset Type

Office

Closing

Jun 18, 2025

AI

The property involved in this transaction is an office asset located at 110 Milk Street in Boston, MA. The building has been recently renovated and features modern amenities, appealing to high-profile tenants. The asset is under the management of Synergy, which is recognized for its turnkey design-build approach that simplifies office transitions for tenants.

Summary of transaction details:

This transaction marks the relocation of Diedrich & Donohue LLP's headquarters to One Liberty Square. The move underscores the attractiveness of the property to major firms and highlights the capabilities of Synergy in facilitating effective office relocations through its design-build services.

Players

Liam O’Connor

Newmark

Broker

1 deal

Broker
Newmark
NewmarkBrokerage
David Greaney

David Greaney

Synergy

Landlord

$356.5M

vol

6 deals

Landlord
Synergy
SynergyLandlord

Boston Office Market Snapshot

Boundary boundary · 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