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The Davis Companies Leases 111,119 SF Industrial Space To Global Medical Device Company
LEASED
+ 3
Massachusetts
See Similar DealsIndustrial111,119 SF
Leased 03/27/2024
LEASED
The Davis Companies Leases 111,119 SF Industrial Space To Global Medical Device Company
38 Upton Drive
See Similar DealsIndustrial111,119 SF
Leased 03/27/2024
+ 3
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:111,119 SF
Transaction Type:Lease
The Davis Companies has leased a 111,119 square foot building at Upton Crossing in Wilmington, MA. The property is part of Class A industrial/flex space, with a total of 215,000 square feet available.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Applicable
- Address: 38 Upton Drive
- Market: Wilmington, MA
- Tenant: Cappy Daume - The Davis Companies
- Tenant's Representative: The Davis Companies
- Tenant's Broker: Brian Tisbert, Chelsea Andre, Jamey Lipscomb, Jordan Yarboro, Joseph Fabiano & Rachel Marks - JLL
The Davis Companies facilitated the leasing of the industrial property to a global medical device company specializing in critical care and software, showing remarkable utilization of over half of the available space at Upton Crossing.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$6,369,274.03
Total Lease Value
$63,692,740.26
Net Landlord Cash Flow$6,369,274.03
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