GSC USA Renews 231000 Square Foot Industrial Lease At 175 Pioneer Drive In Leominster MA
175 Pioneer Drive
Building Size
231,000 SF
Asset Type
Industrial
Closing
Dec 3, 2025
AI
The asset involved in this transaction is an industrial property located at 175 Pioneer Drive in Leominster, MA. The total square footage of the property is 231,000, which is utilized by GSC USA for its plastics injection molding business.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 175 Pioneer Drive
- Market: Leominster, MA
- Landlord: Arris Partners
- Tenant: GSC USA
- Brokers: Steve Woodworth & Mitch Kumin - Savills
GSC USA has renewed its lease at this location, reaffirming its commitment to the facility for its operational needs. The brokers representing this transaction are Steve Woodworth and Mitch Kumin from Savills.
Players
Leominster 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