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Nanoramic Laboratories Leases 40,000 Square Feet At 10 Commerce Way Woburn MA

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LEASED

Massachusetts

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Life Sciences40,000 SF
Leased 12/05/2024
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LEASED

Nanoramic Laboratories Leases 40,000 Square Feet At 10 Commerce Way Woburn MA

10 Commerce Way

See Similar Deals
Life Sciences40,000 SF
Leased 12/05/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:Life Sciences
Price Per Square Foot:$0
Total Square Footage:40,000 SF
Transaction Type:Lease

The property asset involved in the transaction is a life sciences space located at 10 Commerce Way, Woburn, MA. The lease encompasses a total of 40,000 square feet dedicated to office and life sciences use.

Summary of transation details:

Nanoramic Laboratories has signed a lease to relocate from Wakefield into this new space, with Cummings Properties managing the landlord side of the transaction and Cushman & Wakefield representing the tenant in this deal.

Players

Robert (Rob) Yacobian
2 deals(781) 932-7050
BROKER


Details

LEASED
IMAGE: John Halsey, Robert Yacobian & David Thomann DATE: 12/05/2024 ADDRESS: 10 Commerce Way MARKET: Woburn, MA ASSET TYPE: Life Sciences ~ SF: 40,000 LANDLORD: Cummings Properties TENANT: Nanoramic Laboratories (@Nanoramic_Laboratories) LANDLORD'S REP: John Halsey & Robert Yacobian - Cummings Properties TENANT'S REP: David Thomann - Cushman & Wakefield (@CushWake) NOTE: Nanoramic Laboratories signed a 40,000-square-foot lease at 10 Commerce Way in Woburn, MA, for its new office and life sciences space. The lithium-ion battery developer will relocate from Wakefield, with Cushman & Wakefield representing the tenant and Cummings Properties handling landlord representation.

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Deal Type
Effective Rent (Annual)

$2,292,775.86

Total Lease Value

$22,927,758.62

Net Landlord Cash Flow$2,292,775.86