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Jumbo Capital Leases Office Space To Opinion Dynamics In Waltham, MA

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LEASED

Massachusetts

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Office8,848 SF
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LEASED

Jumbo Capital Leases Office Space To Opinion Dynamics In Waltham, MA

130 Turner St, Waltham, MA, 02453

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Office8,848 SF
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:8,848 SF
Transaction Type:Lease

The property asset involved in the transaction is an office space located at 130 Turner St, Waltham, MA, 02453. It encompasses a total area of 8,848 square feet and is situated in the Waltham market. The asset is part of a larger initiative by Jumbo Capital, who has engaged in multiple leases at a converted lab and R&D campus.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Feet: 8,848
  • Address: 130 Turner St, Waltham, MA, 02453
  • Market: Waltham
  • Landlord: Jumbo Capital
  • Tenant: Opinion Dynamics
  • Landlord's Representatives: Matthew Malatesta-Newmark, Michael "Mike" Frisoli-Newmark, Tyler McGrail-Newmark
  • Brokers: Michael "Mike" Frisoli-Newmark

The deal showcases the involvement of Jumbo Capital, a commercial real estate investment firm based in Quincy, MA, as well as the representation by Newmark brokers including Matt Malatesta, Mike Frisoli, and Tyler McGrail. This transaction is part of a larger strategy that includes four new leases totaling 49,255 square feet, emphasizing the company's commitment to office-to-life science conversion at their Stony Brook campus.

Players

Tyler McGrail
11 deals$137.4M volume
BROKER

Michael (Mike) Frisoli
Newmark
6 deals$44.6M volume(617) 863-8501
BROKER


Jumbo Capital
LANDLORD

Details

LEASED
IMAGE: 130 Turner St, Waltham, MA, 02453 MARKET: Waltham ASSET TYPE: Office LANDLORD'S REP: Matthew Malatesta-Newmark, Michael "Mike" Frisoli-Newmark, Tyler McGrail-Newmark BROKERS: Michael "Mike" Frisoli-Newmark TENANT: Opinion Dynamics LANDLORD: Jumbo Capital SQUARE FEET: 8848

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Deal Type
Effective Rent (Annual)

$507,162.02

Total Lease Value

$5,071,620.21

Net Landlord Cash Flow$507,162.02