Insurify Leases 21,000 Square Feet At 201 Broadway In Cambridge With Landlord The Davis Cos
201 Broadway
Building Size
21,000 SF
Asset Type
Office
Closing
Oct 22, 2025
AI
The property asset involved in the transaction is an office space located at 201 Broadway in Cambridge, MA. The office has a total square footage of 21,000 and is part of a 119,000-square-foot building owned by The Davis Cos.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 201 Broadway
- Market: Cambridge, MA
- Landlord: Jonathan G. Davis - The Davis Cos.
- Tenant: Snejina Zacharia - Insurify
- Brokers: Patrick Grady, Peter Evans, Steve James, Henry Birmingham, Robert Fitzgerald & Jim Boudrot - Hunneman
- Lease Details: Insurify signed a lease for the entire sixth floor
This transaction highlights the involvement of multiple brokers from Hunneman, who facilitated the deal for Insurify's lease of the space. The lease agreement reflects a strategic decision by Insurify to occupy a significant portion of the available space in the building.
Players
Cambridge 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