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800 Salem St

Amazon Leases 237K SF Industrial Building At 800 Salem St Wilmington MA With Landlords Camber Development And Wheelock Street Capital
LEASEDIndustrial

Amazon Leases 237K SF Industrial Building At 800 Salem St Wilmington MA With Landlords Camber Development And Wheelock Street Capital

800 Salem St

Building Size

237,000 SF

Asset Type

Industrial

Closing

Aug 14, 2025

AI

The property asset involved in this transaction is an industrial building located at 800 Salem St, Wilmington, MA. The building encompasses a total square footage of 237,000. This lease transaction marks a significant deal in the Wilmington market.

Summary of transaction details:

This transaction involved key figures from two prominent companies, with Tucker Kelton and Merrick Kleeman representing the landlords from their respective firms. On the tenant side, Andy Jassy represented Amazon in this lease. The brokerage team from JLL, including Brian Tisbert, Christopher Decembrele, Christopher Lawrence, and Michael Ciummei, facilitated the deal.

NOTE: Amazon leased the entire 237K SF industrial building at 800 Salem St. in Wilmington, MA, in Q2 2025, marking the largest industrial deal north of Boston last quarter.

Players

Michael Ciummei

JLL

Broker

$16.4M

vol

3 deals

Broker
JLL
JLLBrokerage
Tucker Kelton

Tucker Kelton

Camber Development

Landlord

$179M

vol

3 deals

Landlord

Andy Jassy

Amazon

Tenant

$926.2M

vol

18 deals

Tenant
Amazon
AmazonTenant

Wilmington 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