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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 800 Salem St, Wilmington, MA
- Market: Wilmington, MA
- Landlord: Tucker Kelton - Camber Development & Merrick Kleeman - Wheelock Street Capital
- Tenant: Andy Jassy - Amazon
- Brokers: Brian Tisbert, Christopher Decembrele, Christopher Lawrence & Michael Ciummei - JLL
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
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