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KARL STORZ Endoscopy America, Inc. Leases Industrial Space At 28 Millbury Street In Worcester, MA

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LEASED
$7

Massachusetts

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Industrial225,629 SF
Leased 09/01/2023
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Property Image
LEASED

KARL STORZ Endoscopy America, Inc. Leases Industrial Space At 28 Millbury Street In Worcester, MA

28 Millbury St, Auburn, MA 01501

See Similar Deals
Industrial225,629 SF
Leased 09/01/2023
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$7
Total Square Footage:225,629 SF
Transaction Type:Lease

The industrial property located at 28 Millbury Street in Worcester, MA has been leased to KARL STORZ Endoscopy America, Inc. The landlord in this transaction is Rabina, and the landlord's representatives are Jim Umphrey and Tom Bodden from Kelleher & Sadowsky Associates. The lease agreement for this property was signed on 09/01/2023.

Summary of transaction details

  • Property Type: Industrial
  • Address: 28 Millbury Street, Worcester, MA
  • Market: Worcester, MA
  • Tenant: KARL STORZ Endoscopy America, Inc.
  • Landlord: Rabina
  • Landlord's Representatives: Jim Umphrey & Tom Bodden - Kelleher & Sadowsky Associates

The asking rent for this property is $7 per square foot, with a total square footage of 225,629 square feet.

NOTE: No additional details were provided regarding the terms of the lease or any other specific information about the transaction.

Players

Jim Umphrey
5 deals$55.8M volume(508) 579-6080
BROKER

Tom Bodden
Kelleher & Sadowsky
4 deals$9.9M volume(774) 214-6225
BROKER

Details

LEASED
IMAGE: Jim Umphrey & Tom Bodden DATE: 09/01/2023 ADDRESS: 28 Millbury Street MARKET: Worcester, MA ASSET TYPE: Industrial LANDLORD: Rabina TENANT: KARL STORZ Endoscopy America, Inc. LANDLORD'S REP: Jim Umphrey & Tom Bodden (@TomBodden_) - Kelleher & Sadowsky Associates ASKING RENT: $7/ft ~ SF: 225,629

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Deal Type
Effective Rent (Annual)

$1,810,608.54

Total Lease Value

$18,106,085.38

Net Landlord Cash Flow$1,810,608.54