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R.W. Holmes Facilitates Two Leases Totaling 33,800 SF At 40 Kenwood Circle In Franklin, MA
LEASED
Massachusetts
See Similar DealsIndustrial9,600 SF
Leased 06/28/2023
LEASED
R.W. Holmes Facilitates Two Leases Totaling 33,800 SF At 40 Kenwood Circle In Franklin, MA
40 Kenwood Circle Franklin, Massachusetts 02038, USA
See Similar DealsIndustrial9,600 SF
Leased 06/28/2023
Summary
MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:9,600 SF
Transaction Type:Lease
The industrial property located at 40 Kenwood Circle in Franklin, MA has recently undergone a lease transaction. The property spans a total area of 9,600 square feet and is owned by LMF Franklin Corp. The tenant, IEH Auto Parts LLC, has secured the lease for this space.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 40 Kenwood Circle, Franklin, MA
- Market: Franklin, MA
- Square Footage: 9,600
R.W. Holmes, along with John Eysenbach and Mike Fahy from their team, represented the landlord, LMF Franklin Corp, in this lease transaction. The tenant, IEH Auto Parts LLC, was represented by Jim Speros, Jr from Retail & Restaurant Advisors.
Note: R.W. Holmes has facilitated a new 9,600-square-foot industrial lease and a 24,200-square-foot lease renewal at 40 Kenwood Circle in Franklin, MA.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$550,266.21
Total Lease Value
$5,502,662.07
Net Landlord Cash Flow$550,266.21
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