XRHealth Leases 3,657 Square Feet Office Space At 300 First Avenue Needham MA
300 First Avenue
Building Size
3,657 SF
Asset Type
Office
Closing
Sep 12, 2025
AI
300 First Avenue in Needham, MA, is an office property that has recently been leased. The total square footage of the asset is 3,657, accommodating the needs for immersive healthcare technology solutions.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 300 First Avenue
- Market: Needham, MA
- Tenant: Eran Orr
- Tenant Company: XRHealth
- Landlord's Representative: Tim Coyle - Commonwealth Commercial Advisors
- Tenant's Representative: Ellie Cullinan - Freudenheim Partners
XRHealth secured the lease to expand its operations, with representation for the tenant provided by Ellie Cullinan from Freudenheim Partners. The landlord was represented by Tim Coyle from Commonwealth Commercial Advisors in this transaction.
Players
Needham Heights 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