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44 Middlesex Turnpike

Updated Feb 27, 2026

Tucker Kelton Of Camber Development & Wheelock Street Capital Leases 47500 SF To Fourth Power
LEASEDIndustrial

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:

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.

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Industrial

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Players

Tyler McGrail

Newmark

Broker

$137.4M

vol

11 deals

Broker
CD
Camber DevelopmentLandlord

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

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