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Persimmon Tech Leases Mixed-Use Space At 35 Crosby Dr In Bedford
LEASED
+ 1
Massachusetts
See Similar DealsMixed-use14,222 SF
Leased 05/30/2024
LEASED
Persimmon Tech Leases Mixed-Use Space At 35 Crosby Dr In Bedford
35 Crosby Drive
See Similar DealsMixed-use14,222 SF
Leased 05/30/2024
+ 1
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:14,222 SF
Transaction Type:Lease
Located at 35 Crosby Drive in Bedford, MA, the mixed-use property spans 14,222 square feet. The landlord, W. P. Carey, finalized a long-term lease with Persimmon Technologies.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: Not specified
- Tenant: Persimmon Technologies
- Tenant's Rep: Colliers
- Landlord: W. P. Carey
- Landlord's Rep: Matthew Adams, Rich Ruggiero, Rory Walsh & Torin Taylor - Newmark
Persimmon Technologies, a subsidiary of Sumitomo Heavy Industries, chose the 35 Crosby Drive location for their long-term lease. Represented by Colliers, the tenant secured a significant space for their operations.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$815,196.46
Total Lease Value
$8,151,964.58
Net Landlord Cash Flow$815,196.46
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