Maestro Connections Health System Leases Office Space At 33 Waldo Street In Worcester, MA
33 Waldo Street, Worcester, Massachusetts, USA
Building Size
1,500 SF
Asset Type
Office
Closing
Feb 25, 2021
AI
Maestro Connections Health System has leased a 1,500 square foot office space located at 33 Waldo Street in Worcester, MA. The lease transaction was completed on February 26, 2021. The landlord of the property is Subsea Investment, Inc. and the tenant's representative in the deal was Milton Baptista from Boston Trust Realty Group. George Nanis represented the landlord.
Summary of transaction details:
- Property Type: Office
- Transaction Date: 02/26/2021
- Address: 33 Waldo Street, Worcester, MA
- Tenant: Maestro Connections Health System
- Landlord: Subsea Investment, Inc
- Tenant's Representative: Milton Baptista - Boston Trust Realty Group
- Landlord's Representative: George Nanis
Milton Baptista from Boston Trust Realty Group represented Maestro Connections Health System as their tenant's representative in the lease deal.
Players
Worcester 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