Updated Oct 9, 2026
BRUNT Workwear Leases 56,000 Square Feet At 299-301 Ballardvale Street Wilmington MA
299 Ballardvale Street & 301 Ballardvale Street
Building Size
56,000 SF
Asset Type
Industrial
Closing
Oct 8, 2026
About this deal
AI
The asset involved in this lease transaction is an industrial property located at 299-301 Ballardvale Street in Wilmington, MA. The property has a total square footage of 56,000. This location will serve as the new headquarters for BRUNT Workwear.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 299-301 Ballardvale Street
- Market: Wilmington, MA
- Landlord: Tucker Kelton - Camber Development & Gem Realty Capital
- Tenant: BRUNT Workwear
- Landlord's Representative: Brian McKenzie & Christian Vallis - CBRE
- Tenant's Representative: Derek Losi & Nathaniel Heilbron - Cresa
This lease was facilitated by the landlord's representatives, Brian McKenzie and Christian Vallis from CBRE, along with the tenant's representatives, Derek Losi and Nathaniel Heilbron from Cresa, who played key roles in finalizing the transaction.
On the Map
Industrial
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Players
Ballardvale 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