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Jon Davis Of The Davis Companies Secures 15-Year Lease With Cambridge Health Alliance In Medford
LEASED
Massachusetts
See Similar DealsMedical Office56,000 SF
Leased 04/28/2025
LEASED
Jon Davis Of The Davis Companies Secures 15-Year Lease With Cambridge Health Alliance In Medford
1 Cabot Road
See Similar DealsMedical Office56,000 SF
Leased 04/28/2025
Summary
MASSACHUSETTS
Asset Type:Medical Office
Price Per Square Foot:$0
Total Square Footage:56,000 SF
Transaction Type:Lease
The transaction involves a medical office space located at 1 Cabot Road, Medford, MA, encompassing a total of 56,000 square feet. This property is part of a lease agreement and is intended for use by a healthcare provider.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: Not disclosed
- Lease Term: 15 years
- Landlord: Jon Davis - The Davis Companies
- Tenant: Cambridge Health Alliance (CHA)
- Opening Date: June 2025
This lease was secured by The Davis Companies with Cambridge Health Alliance, marking a significant addition to the healthcare resources in the Medford area.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,209,886.21
Total Lease Value
$32,098,862.07
Net Landlord Cash Flow$3,209,886.21
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