Updated Feb 27, 2026
Tucker Kelton Of Camber Development & Wheelock Street Capital Leases 47500 SF To Fourth Power
44 Middlesex Turnpike
Building Size
47,500 SF
Asset Type
Industrial
Closing
Feb 26, 2026
About this deal
AI
The property asset involved in this transaction is a 147,000-square-foot advanced manufacturing facility located at 44 Middlesex Turnpike in Bedford, MA. The industrial space leased by Fourth Power measures 47,500 square feet.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 44 Middlesex Turnpike
- Market: Bedford, MA
- Asset Size: 47,500 square feet
- Landlord: Tucker Kelton - Camber Development & Wheelock Street Capital
- Tenant: Fourth Power
- Brokers: Torin Taylor, Rich Ruggiero, Matthew Adams, Tyler McGrail & Rory Walsh - Newmark
Newmark facilitated the negotiation of the lease for Fourth Power, focusing on their operations in sustainable energy, at the newly constructed facility designed for advanced manufacturing processes.
Players
Bedford 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