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300 First Avenue

XRHealth Leases 3,657 Square Feet Office Space At 300 First Avenue Needham MA
LEASEDOffice

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

Ellen Fantini Cullinan

Freudenheim Partners

Broker

$11.8M

vol

13 deals

Broker
Commonwealth Commercial Advisors
Commonwealth Commercial AdvisorsBrokerage

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