Ceaco Signs 10,000-SF Office Lease In Canton, MA With R.W. Holmes Commercial Real Estate
250 Royall Street Canton, Massachusetts 02021, USA
Building Size
10,000 SF
Asset Type
Office
Closing
Aug 16, 2023
AI
Ceaco, a leading jigsaw puzzle company and the second-largest puzzle producer in the US, has recently secured a new 10,000-SF office lease in Canton, Massachusetts. The office space is located at 250 Royall Street, a prime location in the Canton market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Property Size: 10,000 SF
- Address: 250 Royall Street, Canton, MA
- Tenant: Ceaco
- Landlord: Campanelli Construction
- Tenant's Representative: Dean Blackey - R.W. Holmes Commercial Real Estate
- Landlord's Representative: Newmark
R.W. Holmes Commercial Real Estate, represented by Dean Blackey, facilitated the lease transaction on behalf of Ceaco. The relocation to 250 Royall Street will provide Ceaco with a new and spacious office space, supporting their business operations.
Aberdeen 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