Updated Oct 15, 2026
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:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 340 Fordham Road
- Market: Wilmington, MA
- Lease Type: Modified Gross Lease
- Landlord: Cummings Properties
- Tenant: Hartley Botanic, Inc
- Tenant's Representative: Tyler Capecci & David Linehan - 128 CRE
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
Industrial
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Players
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