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1466 Main Street Woburn, Ma...

Quantum Diamond Leases 5,811 SF Lab Space At 1466 Main St In Woburn, MA
LEASEDIndustrial

Quantum Diamond Leases 5,811 SF Lab Space At 1466 Main St In Woburn, MA

1466 Main Street Woburn, Massachusetts 01801, USA

Building Size

5,811 SF

Asset Type

Industrial

Closing

Jul 21, 2023

AI

Quantum Diamond has leased 5,811 square feet of lab space at 1466 Main Street in Woburn, MA. The industrial property, owned by Legacy Real Estate Ventures, was facilitated by R.W. Holmes Commercial Real Estate. The transaction was led by director of corporate services Elizabeth Holmes and managing director Dean Blackey, representing the landlord. Lincoln Property Company's James Tambone represented Quantum Diamond as their tenant's representative.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 1466 Main Street, Woburn, MA
  • Market: Woburn, MA
  • Square Footage: 5,811 SF

The deal involved Quantum Diamond leasing lab space at 1466 Main Street. Legacy Real Estate Ventures was the landlord in this transaction, with R.W. Holmes Commercial Real Estate acting as the landlord's representative. On the tenant's side, Lincoln Property Company's James Tambone served as the tenant's representative. This transaction highlights the involvement of key individuals and companies, including Elizabeth Holmes and Dean Blackey from R.W. Holmes and James Tambone from Lincoln Property Company.

Players

Elizabeth Holmes

R.W. Holmes Commercial Real Estate

Broker

$55.3M

vol

12 deals

Broker
LV
Legacy Real Estate VentureLandlord

Melbourne Industrial Market Snapshot

Boundary boundary · Industrial · 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