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200 Donald Lynch Boulevard ...

R.W. Holmes Negotiates 11.9K SF Office Lease Renewal For ReWalk Robotics At 200 Donald Lynch Blvd, Marlborough
SOLDOffice

R.W. Holmes Negotiates 11.9K SF Office Lease Renewal For ReWalk Robotics At 200 Donald Lynch Blvd, Marlborough

200 Donald Lynch Boulevard Marlborough, Massachusetts 01752, USA

Building Size

11,854 SF

Asset Type

Office

Closing

May 26, 2023

AI

An 11,854 square-foot office lease renewal has been successfully negotiated for ReWalk Robotics at 200 Donald Lynch Blvd in Marlborough, MA. The property is owned by Minardi MetroWest Properties. The lease was facilitated by Philip DeSimone from Kelleher & Sadowsky and Garry Holmes from R.W. Holmes.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 11,854
  • Address: 200 Donald Lynch Boulevard
  • Market: Marlborough, MA

R.W. Holmes, led by president Garry Holmes, represented the tenant, ReWalk Robotics, in securing the office lease renewal at 200 Donald Lynch Blvd. Meanwhile, Philip DeSimone from Kelleher & Sadowsky represented the landlord, Minardi MetroWest Properties.

Players

Garry Holmes

R.W. Holmes Commercial Real Estate

Broker

$66.9M

vol

7 deals

Broker

Boston Office Market Snapshot

Boundary boundary · Office · Sale 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