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378 Commercial Street

UPS Renewed 24,550 SF Lease At Combined Properties Industrial Asset In Malden, MA
LEASEDIndustrial

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

Greg Regazzini

Landlord

4 deals

Landlord
Combined Properties
Combined PropertiesLandlord
Carol B. Tomé

Carol B. Tomé

UPS

Tenant

$25M

vol

2 deals

Tenant

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