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101 Arch Street

Eoin Tonge Of Primark Leases 9,396 Square Feet At 101 Arch Street Boston With David Greaney As Landlord
LEASEDRetail

Eoin Tonge Of Primark Leases 9,396 Square Feet At 101 Arch Street Boston With David Greaney As Landlord

101 Arch Street

Building Size

9,396 SF

Asset Type

Retail

Closing

May 15, 2025

AI

The asset involved in this transaction is a retail space located at 101 Arch Street, Boston, MA, encompassing a total of 9,396 square feet. This property is situated adjacent to Primark's flagship store at 10 Summer Street.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 101 Arch Street
  • Market: Boston, MA
  • Landlord: David Greaney - Synergy
  • Tenant: Eoin Tonge - Primark
  • Broker: Jonathan Freni - CBRE

Primark has expanded its U.S. headquarters with this new lease arrangement at the specified location. The transaction involved David Greaney representing Synergy as the landlord and Eoin Tonge acting on behalf of Primark as the tenant, facilitated by broker Jonathan Freni from CBRE.

Players

Jonathan Freni

CBRE

Broker

1 deal

Broker
David Greaney

David Greaney

Synergy

Landlord

$356.5M

vol

6 deals

Landlord

Boston Retail Market Snapshot

Boundary boundary · Retail · 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