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
Framingham 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