480 Sprague Street is a single-story building containing 233,000 square feet off of Route 28 in Dedham, MA. The building recently had the roof replaced and the fire sprinkler system upgraded. The Property is 100% leased to Dial (Parent company, Henkel, S&P rated A-) through 2009.

Vacancy in the overall market is tightening due to the decrease in supply caused by demolition of existing builds, making way for an adjacent, 2 million square foot, $128 million mixed-use development.