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Shields Healthcare Leases Office Space In Stoughton To Campanelli

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LEASED

Wisconsin

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Office36,615 SF
Leased 10/15/2018
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LEASED

Shields Healthcare Leases Office Space In Stoughton To Campanelli

100 Technology Center Dr, Stoughton...

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Office36,615 SF
Leased 10/15/2018
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Summary

WISCONSIN
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:36,615 SF
Transaction Type:Lease

The newly redeveloped, Class A office building located at 100 Technology Center Dr in Stoughton, Mass., has recently secured a lease agreement with Shields Healthcare. Shields Healthcare will be occupying 36,615 square feet of space within the property, specifically on the entire sixth floor. The medical service provider is relocating its headquarters from 700 Congress St. in Quincy, Mass., to this new location.

Summary of transaction details:

The lease deal was facilitated by Michael (Mike) Frisoli of Newmark, who represented the tenant, Shields Healthcare, in this transaction. Shields Healthcare's decision to lease space at 100 Technology Center Dr will involve the completion of a custom build-out by the owner's construction branch, Campanelli Construction.

Players

Tyler McGrail
11 deals$137.4M volume
BROKER

Peter Browne
Compass
2 deals$4.7M volume
BROKER

Michael (Mike) Frisoli
Newmark
6 deals$44.6M volume(617) 863-8501
BROKER

Details

LEASED
IMAGE: 10/15/2018 ADDRESS: 100 Technology Center Dr, Stoughton... MARKET: Stoughton ASSET TYPE: Office LANDLORD'S REP: Michael (Mike) Frisoli(Newmark), Peter Browne(Compass), Tyler McGrail(Newmark) BROKERS: Michael (Mike) Frisoli(Newmark) TENANT: Shields Healthcare LANDLORD: Campanelli SQUARE FEET: 36615

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Deal Type
Effective Rent (Annual)

$2,098,749.70

Total Lease Value

$20,987,497.05

Net Landlord Cash Flow$2,098,749.70