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200 Exchange Street

Graeme Grant Of Alsym Energy Signs Largest 60,000 SF Lease At Exchange 200 In Malden
LEASEDOffice

Graeme Grant Of Alsym Energy Signs Largest 60,000 SF Lease At Exchange 200 In Malden

200 Exchange Street

Building Size

60,000 SF

Asset Type

Office

Closing

Sep 25, 2024

AI

The property involved in this transaction is an office asset located at 200 Exchange Street in Malden, MA. It has a total square footage of 60,000 SF, making it a significant space within the market.

Summary of transaction details:

Alsym Energy has signed the largest lease at the building, highlighting the importance of this deal within Greater Boston's cleantech lab sector for the year. The representatives for the landlord and tenant played crucial roles in facilitating this significant lease agreement.

Players

Bill Lynch

Colliers

Broker

1 deal

Broker

Malden 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