Updated Oct 29, 2024
Fresenius Kidney Care Leases 8,017 SF Medical Office In Wellesley MA With Tenant's Rep Jeff Bruk & Landlord's Rep Dan Krysiak & Michael Greeley
981 Worcester St, Wellesley, MA 02482, USA
Building Size
80,170 SF
Asset Type
Office
Closing
Jul 23, 2020
About this deal
AI
Located at 981 Worcester Street in Wellesley, MA, this medical office property was involved in a recent lease transaction. The property spans 8,017 square feet and was initially developed in 1998. While no additional details are available about the property, it serves as the new location for Fresenius Kidney Care.
Summary of transaction details
- Property Type: Medical Office
- Tenant: Fresenius Kidney Care
- Landlord: CEA Group
- Square Footage: 8,017
- Tenant's Representative: Jeff Bruk - Bruk Realty Advisors
- Landlord's Representatives: Dan Krysiak & Michael Greeley - Newmark Knight Frank
In this lease deal, Jeff Bruk from Bruk Realty Advisors represented the tenant, Fresenius Kidney Care, while Dan Krysiak and Michael Greeley from Newmark Knight Frank acted as the landlord's representatives. Further details about the transaction, such as the lease terms or any additional notes, are not available.
Players
Wellesley Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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