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340 Fordham Road

Updated Aug 25, 2026

Cummings Properties Leases 8,633 SF Industrial Space To Hartley Botanic In Wilmington MA
LEASEDIndustrial

Cummings Properties Leases 8,633 SF Industrial Space To Hartley Botanic In Wilmington MA

340 Fordham Road

Building Size

8,633 SF

Asset Type

Industrial

Closing

Aug 1, 2026

About this deal

AI

This transaction involves an industrial property located at 340 Fordham Road in Wilmington, MA, comprising a total square footage of 8,633. The asset is being leased through a modified gross lease agreement, managed by Cummings Properties as the landlord.

Summary of transaction details:

Tyler Capecci and David Linehan from 128 CRE represented Hartley Botanic, Inc in this leasing transaction, working with Cummings Properties to finalize the agreement for the industrial asset.

On the Map

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Industrial

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Players

Tyler Capecci

128 CRE

Broker

$160M

vol

22 deals

Broker
Cummings Properties
Cummings PropertiesLandlord
Hartley Botanic, Inc
Hartley Botanic, IncTenant

Wilmington 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

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