facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Office

/

Lease

/

500 River Ridge Drive

Corbus Pharmaceuticals Renews 36,471 Square Foot Office Lease At 500 River Ridge Drive
LEASEDOffice

Corbus Pharmaceuticals Renews 36,471 Square Foot Office Lease At 500 River Ridge Drive

500 River Ridge Drive

Building Size

36,471 SF

Asset Type

Office

Closing

Jul 22, 2026

AI

The property asset involved in this transaction is located at 500 River Ridge Drive in Norwood, Massachusetts. It is an office space with a total square footage of 36,471 square feet within a larger property of 100,261 square feet.

Summary of transaction details:

The deal involves Corbus Pharmaceuticals renewing its lease, thereby ensuring its continued occupancy in the office space at 500 River Ridge Drive. The representatives facilitating this transaction include Nathanael Kessler for the landlord and Curtis Cole, Sean Hannigan, and Tim Allen representing the tenant.

Players

Sean Hannigan

Colliers

Broker

$6.9M

vol

2 deals

Broker
CP
Corbus PharmaceuticalsBuyer

Norwood Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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