Camber Development And Wheelock Street Capital Lease 53253 SF To VEIR Inc In Woburn
45 Industrial Parkway
Building Size
53,253 SF
Asset Type
Industrial
Closing
Dec 18, 2025
AI
The property involved in this transaction is located at 45 Industrial Parkway in Woburn, MA. It is an industrial asset with a total square footage of 53,253. This location was leased in support of VEIR, Inc.'s expansion efforts.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Long-term lease
- Address: 45 Industrial Parkway
- Market: Woburn, MA
- Landlord: Tucker Kelton - Camber Development & Merrick R. Kleeman - Wheelock Street Capital
- Tenant: VEIR, Inc
- Landlord's Representative: Chris Decembrele, Rachel Marks & Chelsea Andre - JLL
- Tenant's Representative: Anne Columbia - Columbia Realty Group & Rob Kinlin - CBRE
Camber Development and Wheelock Street Capital are the landlords represented by Chris Decembrele, Rachel Marks, and Chelsea Andre from JLL as they finalize this long-term lease agreement. Meanwhile, VEIR, Inc. is represented by Anne Columbia from Columbia Realty Group and Rob Kinlin from CBRE in this transaction.
Players
Woburn 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