Convatec Extends Lease To 24,572 Sq Ft At 20 Maguire Road Lexington MA Represented By CBRE
20 Maguire Road
Building Size
24,572 SF
Asset Type
Life Sciences
Closing
Mar 16, 2026
AI
The asset involved in the transaction is located at 20 Maguire Road in Lexington, MA. This life sciences property features a total of 24,572 square feet, which is now fully occupied by the tenant Convatec following their lease expansion and extension.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: Not specified
- Address: 20 Maguire Road
- Market: Lexington, MA
- Landlord: Investcorp, Griffith Properties
- Tenant: Convatec
- Brokers: Alex Plaisted & Don Domoretsky - CBRE
The deal was represented by Alex Plaisted and Don Domoretsky of CBRE on behalf of the landlord, which is a collaboration between Investcorp and Griffith Properties. Convatec currently occupies the second floor as part of a lease agreement solidifying their presence in the Lexington market.
Players
Lexington Life Sciences Market Snapshot
Boundary boundary · Life Sciences · 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