LEASEDOffice
NICE North America Renews Lease For 9,038 SF Office Space In Peabody, MA
2 Corporation Way Peabody, MA 01960, USA
$25
$25/SF
Building Size
9,038 SF
Asset Type
Office
Closing
Jun 1, 2023
AI
NICE North America has renewed its lease for a 9,038 square foot office space at Two Corporation Way in Centennial Park, Peabody, MA. The asking rent for the lease renewal was $25 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not Applicable
- Address: 2 Corporation Way, Peabody, MA
- Market: Peabody, MA
- Tenant: NICE North America
- Broker: Greg Regazzini - Combined Properties
- Asking Rent: $25 per square foot
- Lease Terms: Renewal
Greg Regazzini from Combined Properties represented NICE North America in the lease renewal deal.
Players
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
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93