Electric Hydrogen Leases 187K SF Space In Devens, MA From King Street | 33 Jackson Road | Brian McKenzie, Curtis Cole, Kevin Hanna, Alex Plaisted, Matt Davis | Industrial | Lease

Summary

Lease

MASSACHUSETTS

Industrial

187,000 sqft

Cleantech company Electric Hydrogen (EH2) has signed a lease for a 187,000 square foot facility, located at 33 Jackson Road in Devens, Massachusetts. The company is set to open the largest electrolyzer factory in the world at this location.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: Not provided
Address: 33 Jackson Road, Devens, MA
Market: Devens, MA
Asking Rent: $15/ft.
Square Footage: 187,000 SF

The landlord for this lease agreement is King Street Properties. Electric Hydrogen is represented by Kevin Hanna, Curtis Cole, and Matt Davis from Colliers. On the other side, Brian McKenzie and Alex Plaistead from CBRE represent the landlord, King Street Properties.

Electric Hydrogen has secured $198 million in funding from major companies, including Amazon and Honeywell. With this investment, EH2 plans to hire 70 new full-time employees, in addition to the 15 existing employees who will be relocating to the Devens site. The Natick-based company specializes in green hydrogen technology.

Players

All
7

Agents
5
Agencies
2

Brian McKenzie

Executive Vice President

$20.5M Sold

Curtis Cole

Kevin Hanna

Alex Plaisted

Matt Davis

CBRE

Colliers International

Details

Deal Summary

LEASED

IMAGE: Curtis Cole, Alex Plaistead, Kevin Hanna & Brian McKenzie DATE: 05/04/2023 ADDRESS: 33 Jackson Road MARKET: Devens, MA ASSET TYPE: Industrial LANDLORD: King Street Properties TENANT: Electric Hydrogen LANDLORD'S REP: Brian McKenzie & Alex Plaistead - CBRE (@CBRE) TENANT'S REP: Kevin Hanna, Curtis Cole & Matt Davis - Colliers (@ColliersInternational) ASKING RENT: $15/ft. ~ SF: 187,000 NOTE: Electric Hydrogen (EH2), a Natick-based cleantech company specializing in green hydrogen, has signed a 187K SF lease to open the largest electrolyzer factory in the world in Devens, Massachusetts. The company raised $198M from major companies, including Amazon and Honeywell, and plans to hire 70 new full-time employees on top of the 15 existing employees that will move to the site.

View on map

Address33 Jackson Road

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want