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
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