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
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