ZoomInfo Leases 100,000 SF Office Space At 275 Wyman St, Waltham
275 Wyman St, Waltham, MA, 02451
Building Size
100,000 SF
Asset Type
Office
Closing
Apr 14, 2021
AI
Located in Waltham, MA at 275 Wyman St, the 100,000-square-foot office building is part of the 2.2-million-square-foot office campus owned by Hobbs Brook. ZoomInfo, a go-to-market intelligence solutions provider, has signed a lease to occupy the entire fourth and fifth floors of the five-story building. The property is situated in the Waltham market, along the Route 128 technology corridor.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 275 Wyman St, Waltham, MA, 02451
- Square Feet: 100,000
- Tenant's Rep: Tyler McGrail (Newmark)
- Landlord: Hobbs Brook
ZoomInfo's lease agreement at 275 Wyman St was facilitated by Tyler McGrail of Newmark, representing the tenant in the transaction. The office space will serve as ZoomInfo's new workplace, replacing the current tenant, Cimpress, a parent company to Vistaprint, who will be relocating to ZoomInfo's current office space at 170 Tracer Lane.
Players
Waltham 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