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250 Royall Street Canton, M...

Ceaco Signs 10,000-SF Office Lease In Canton, MA With R.W. Holmes Commercial Real Estate
LEASEDOffice

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.

Players

Dean Blackey

R.W. Holmes Commercial Real Estate

Broker

$38.3M

vol

11 deals

Broker

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