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150 Royall Street

Cushman & Wakefield Facilitates 31,569 SF Lease For Sick Inc. At 150 Royall Street, Canton, MA
LEASEDOffice

Cushman & Wakefield Facilitates 31,569 SF Lease For Sick Inc. At 150 Royall Street, Canton, MA

150 Royall Street

Building Size

31,569 SF

Asset Type

Office

Closing

Feb 14, 2024

AI

Jay Hirsh's Jumbo Capital facilitated a lease deal for an office space located at 150 Royall Street in Canton, MA. The property, spanning 31,569 square feet, was leased to Sick Inc, an intelligence solutions company. Sick Inc will be relocating from Stoughton to occupy the office space.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not mentioned in the context
  • Square Footage: 31,569 SF
  • Address: 150 Royall Street, Canton, MA
  • Market: Canton, MA

The lease deal was facilitated by George O’Connor, Peter Whoriskey, and Rachel Igoe of Cushman & Wakefield. Their expertise in the real estate market played a crucial role in securing the lease agreement between Jumbo Capital and Sick Inc.

Players

Peter Whoriskey

Cushman & Wakefield

Broker

$4.3M

vol

5 deals

Broker

Canton 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