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205 Lowell Street

Goddard Technologies Leases 42060 SF Mixed-Use Space From Howland Development In Wilmington MA
LEASEDMixed-use

Goddard Technologies Leases 42060 SF Mixed-Use Space From Howland Development In Wilmington MA

205 Lowell Street

Building Size

42,060 SF

Asset Type

Mixed-use

Closing

Mar 17, 2026

AI

A mixed-use asset located at 205 Lowell Street in Wilmington, MA, was leased recently. The property encompasses a total square footage of 42,060. This transaction occurred within a market characterized by its diverse asset types, including medical facilities and technology hubs.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not specified
  • Address: 205 Lowell Street
  • Market: Wilmington, MA
  • Square Footage: 42,060
  • Landlord: Howland Development
  • Tenant: Andrew Goddard - Goddard Technologies
  • Brokers: Chris Curley, Michael Allen & Ken Oppenheim - Hunneman

The lease transaction involved Andrew Goddard representing Goddard Technologies, a company specializing in medical device and robotics development. The deal was facilitated by brokers Chris Curley, Michael Allen, and Ken Oppenheim from Hunneman, highlighting their role in connecting the landlord and tenant.

Players

Ken Oppenheim

Hunneman

Broker

$19.2M

vol

5 deals

Broker
MA
Verified Badge

Mike Allen

JLL

Broker

1 deal

Broker
Howland Development
Howland DevelopmentLandlord
Goddard Technologies
Goddard TechnologiesTenant

Somerville Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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