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15 Hampshire Street

ConnectPay Leases 18,000 Square Feet Office Space At 15 Hampshire Street In Mansfield MA
LEASEDOffice

ConnectPay Leases 18,000 Square Feet Office Space At 15 Hampshire Street In Mansfield MA

15 Hampshire Street

Building Size

18,000 SF

Asset Type

Office

Closing

Sep 3, 2025

AI

The property asset involved in this transaction is located at 15 Hampshire Street in Mansfield, MA. It encompasses 18,000 square feet and is designated for office use. The transaction involves a lease agreement; however, the lease amount is not specified.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 15 Hampshire Street
  • Market: Mansfield, MA
  • Square Footage: 18,000
  • Landlord: Geoff Martha - Medtronic
  • Tenant: Michael Young - ConnectPay
  • Landlord's Representative: Steve Woodworth & Mitch Kumin - Savills
  • Tenant's Representative: Elizabeth Holmes & Dean Blackey - R.W. Holmes Commercial Real Estate

ConnectPay has secured a lease for its new headquarters, with representation in the deal provided by R.W. Holmes Commercial Real Estate. The landlord, represented by Savills, is Medtronic, with Geoff Martha as the landlord. The representatives played a crucial role in facilitating the agreement between the new tenant and the property owner.

Players

Elizabeth Holmes

R.W. Holmes Commercial Real Estate

Broker

$55.3M

vol

12 deals

Broker
R.W. Holmes Commercial Real Estate
R.W. Holmes Commercial Real EstateBrokerage
Savills
SavillsBrokerage

Mansfield 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