Updated Dec 4, 2024
CELLTREAT Scientific Products Leases 113382 Square Feet Headquarters At 3 Nemco Way Ayer MA
3 Nemco Way
Building Size
113,382 SF
Asset Type
Industrial
Closing
Sep 27, 2024
About this deal
AI
The property involved in this transaction is an industrial asset located at 3 Nemco Way in Ayer, MA. The facility encompasses a total area of 113,382 square feet, serving as the headquarters for CELLTREAT Scientific Products. This transaction indicates a consolidation of operations from three previous locations into this single site.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 3 Nemco Way
- Market: Ayer, MA
- Asset Size: 113,382 SF
- Tenant: CELLTREAT Scientific Products
- Brokers: Blake Baldwin, Nick Bruha & Shayne O’Neil - Cushman & Wakefield
Blake Baldwin, Nick Bruha, and Shayne O’Neil from Cushman & Wakefield were involved as brokers in this leasing deal, representing the interests of CELLTREAT Scientific Products in securing new headquarters at the specified location.
Players
Ayer 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