Updated Oct 26, 2026
Jason Ward Of FoxRock Properties Acquires Office Building In Quincy For $5.5M
1100 Crown Colony Drive
$5,500,000
$41/SF
Building Size
132,000 SF
Asset Type
Office
Closing
Oct 22, 2026
About this deal
AI
An office building located at 1100 Crown Colony Drive in Quincy, Massachusetts, was sold in a recent transaction. The property has a total square footage of 132,000 and was sold for $5,500,000, which equates to a price per square foot of $42.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,500,000
- Buyer: Jason Ward - FoxRock Properties
- Seller: Jason E. Fox - W. P. Carey
- Date of Transaction: 10/22/2026
- Market: Quincy, MA
- Discount: 78% from the $25.5M paid in 2013
The transaction involved Jason Ward representing FoxRock Properties as the buyer and Jason E. Fox representing W. P. Carey as the seller. This deal highlights the significant price reduction from the previous purchase made by W. P. Carey in 2013.
On the Map
$5,500,000
$41/SF
Office
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Players
Quincy 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93