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33 Waldo Street, Worcester,...

Maestro Connections Health System Leases Office Space At 33 Waldo Street In Worcester, MA
LEASEDOffice

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

Amilton Baptista

Keller Williams Realty

Broker

$250K

vol

6 deals

Broker
MS
Maestro Connections Health SystemTenant

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