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100 Technology Center Dr, S...

Comtech Telecommunications Leases 25500 SF Office Space In Stoughton
LEASEDOffice

Comtech Telecommunications Leases 25500 SF Office Space In Stoughton

100 Technology Center Dr, Stoughton...

Building Size

25,500 SF

Asset Type

Office

Closing

Mar 24, 2020

AI

100 Technology Center Drive in Stoughton, Massachussets, is a 188,300-square-foot office building where Comtech Telecommunications has signed a lease for 25,500 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Landlord: TriGate Capital
  • Tenant: Comtech Telecommunications
  • Square Feet: 25,500
  • Address: 100 Technology Center Dr, Stoughton
  • Market: Stoughton
  • Landlord's Rep: Michael (Mike) Frisoli(Newmark), Richard McGrail(Newmark)

Beth Israel Deaconess Hospital-Milton and Diesel Direct have also secured space in the same building, while other leases were signed in Canton, Massachusetts. The Newmark Knight Frank team, comprising of Michael Frisoli, Richard McGrail, and Margaret Fee, facilitated the deals for the landlord.

Players

Michael Frisoli

Newmark

Broker

$44.6M

vol

6 deals

Broker
TC
TriGate CapitalLandlord

Stoughton Office Market Snapshot

Boundary boundary · Office · 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