facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Lease

/

111 Speen Street

Tenant J.F. White Contracting Signs 24,702 SF Lease At 111 Speen Street Framingham
LEASEDOffice

Tenant J.F. White Contracting Signs 24,702 SF Lease At 111 Speen Street Framingham

111 Speen Street

Building Size

24,702 SF

Asset Type

Office

Closing

Aug 8, 2025

AI

Office space totaling 24,702 square feet at 111 Speen Street, Framingham, MA, leased to J.F. White Contracting by landlords Paradigm Properties and North Colony Asset Management.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: 24,702 sf lease
  • Address: 111 Speen Street
  • Market: Framingham, MA
  • Landlord: Paradigm Properties & North Colony Asset Management
  • Tenant: J.F. White Contracting
  • Brokers: Andrew Sherman - Kelleher & Sadowsky

Note: J.F. White Contracting signed a long-term lease and will relocate its HQ from 10 Burr St. in early 2026. The deal, brokered by Kelleher & Sadowsky, contributes to nearly 90,000 sf of leasing at the upgraded 135,000-sf building.

Players

Andrew Sherman

Kelleher & Sadowsky

Broker

$68.7M

vol

4 deals

Broker
Kelleher & Sadowsky
Kelleher & SadowskyBrokerage

Framingham Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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