The property asset involved in the transaction is located at 38 Upton Drive in Wilmington, MA. It is classified as an industrial asset with a total square footage of 32,493. The development, known as Upton Crossing, is a new industrial campus that will cater to specific tenant needs.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Confidential
• Address: 38 Upton Drive
• Market: Wilmington, MA
• Tenant: Cappy Daume - The Davis Companies
• Brokers: Bart Anderson, Juliana Fiore - CBRE, Brian Tisbert, Joe Fabiano, Jordan Yarboro & James Lipscomb - JLL
• Lease Term: 10 years
• Start Date: Q1 2025

The Davis Companies has secured a lease agreement with a confidential snack food company, marking a significant occupancy milestone for the industrial campus. The brokerage teams from CBRE and JLL played vital roles in facilitating this transaction, highlighting collaboration among industry professionals.