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Blue Martin Laboratories Leases 5,385 SF Lab Space At 100 Trade Center Waltham

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LEASED
$19

Massachusetts

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Medical Office5,385 SF
Leased 07/21/2023
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LEASED

Blue Martin Laboratories Leases 5,385 SF Lab Space At 100 Trade Center Waltham

100 Tradecenter Dr Woburn, MA 01801, USA

See Similar Deals
Medical Office5,385 SF
Leased 07/21/2023
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Summary

MASSACHUSETTS
Asset Type:Medical Office
Price Per Square Foot:$19
Total Square Footage:5,385 SF
Transaction Type:Lease

Biomedical company Blue Martin Laboratories has leased 5,385 square feet of lab space at 100 Trade Center in Woburn, Massachusetts. The property, owned by Cummings Properties, was represented by landlord Mike Truesdale. The lease was facilitated by R.W. Holmes vice president Mike Ogasapian, who represented Blue Martin Laboratories in the transaction. The asking rent for the space was $19.95 per square foot.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: Not specified
  • Address: 100 Trade Center, Woburn, MA
  • Market: Waltham, MA
  • Landlord: Cummings Properties - Mike Truesdale
  • Tenant: Blue Martin Laboratories
  • Broker: Mike Ogasapian - R.W. Holmes Commercial Real Estate
  • Asking Rent: $19.95/ft
  • Square Footage: 5,385

R.W. Holmes vice president Mike Ogasapian represented Blue Martin Laboratories in the lease transaction, while Mike Truesdale of Cummings Properties represented the landlord. Blue Martin Laboratories, a biomedical company, will utilize the 5,385 square feet of lab space at 100 Trade Center in Woburn.

Players

Mike Ogasapian
12 deals$20.3M volume(508) 651-9021
BROKER

Cummings Properties
BROKERAGE

Details

LEASED
IMAGE: Mike Ogasapian DATE: 07/21/2023 ADDRESS: 100 Trade Center MARKET: Waltham, MA ASSET TYPE: Medical Office LANDLORD: Cummings Properties (@CummingsProperties) - Mike Truesdale TENANT: Blue Martin Laboratories BROKER: Mike Ogasapian (@Ogieoglethorpe1) - R.W. Holmes Commercial Real Estate (@R.W.Holmes_Realty) ASKING RENT: $19.95/ft ~ SF: 5,385 NOTE: Biomedical company Blue Martin Laboratories has leased 5,385 square feet of lab space at 100 Trade Center in Woburn. R.W. Holmes vice president Mike Ogasapian represented the tenant, while Mike Truesdale of Cummings Properties represented the landlord in the transaction.

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Deal Type
Effective Rent (Annual)

$123,157.32

Total Lease Value

$1,231,573.15

Net Landlord Cash Flow$123,157.32