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
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