UPS Renewed 24,550 SF Lease At Combined Properties Industrial Asset In Malden, MA
378 Commercial Street
Building Size
24,550 SF
Asset Type
Industrial
Closing
Jul 25, 2025
AI
The asset involved in the transaction is an industrial property located at 378 Commercial Street in Malden, MA. This property has a total square footage of 114,920 and is owned by Combined Properties. UPS has recently renewed its lease for 24,550 square feet at this location.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 378 Commercial Street
- Market: Malden, MA
- Landlord: John Pereira & Greg Regazzini - Combined Properties
- Tenant: Carol B. Tomé - UPS
- Lease Size: 24,550 square feet
The deal was facilitated with involvement from John Pereira and Greg Regazzini, representing the landlord side as part of Combined Properties. Carol B. Tomé represents the tenant side as part of UPS in this transaction.
Players
Malden 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