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179 Lincoln St, Boston, MA,...

XPO Logistics Leases 13470 Square Feet At 179 Lincoln St Boston Through Tenant's Rep John Coakley
LEASEDOffice

XPO Logistics Leases 13470 Square Feet At 179 Lincoln St Boston Through Tenant's Rep John Coakley

179 Lincoln St, Boston, MA, 02111

Building Size

13,470 SF

Asset Type

Office

Closing

Jun 22, 2017

AI

The property located at 179 Lincoln St, Boston, MA, 02111 encompasses a total of 13,470 square feet. It is situated in the Boston market and features several building certifications as part of its recently renovated status.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Landlord: Invesco Real Estate
  • Tenant: XPO Logistics
  • Tenant's Representative: John Coakley (Cresa)
  • Total square footage of transactions: 70,000 square feet

This transaction represents a collaboration between multiple firms in various sectors, including tech, energy, media, logistics, and mechanical firms, who signed leases and expansions totaling a significant area. The property is highlighted by its recent renovations which contribute to its certifications.

Players

John Coakley

Cresa

Broker

1 deal

Broker
Invesco Real Estate
Invesco Real EstateLender
Invesco Real Estate
Invesco Real EstateLandlord

Boston 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