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20 Maguire Road

Convatec Extends Lease To 24,572 Sq Ft At 20 Maguire Road Lexington MA Represented By CBRE
LEASEDLife Sciences

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

Alex Plaisted

CBRE

Broker

4 deals

Broker
Investcorp
InvestcorpLandlord
Convatec
ConvatecTenant

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