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Caesar Creek Software Leases Mixed-Use Space In Woburn, MA With Tenant's & Landlord's Reps

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LEASED

Massachusetts

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Mixed-use5,500 SF
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LEASED

Caesar Creek Software Leases Mixed-Use Space In Woburn, MA With Tenant's & Landlord's Reps

400 W Cummings Park, Woburn, MA, 0...

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Mixed-use5,500 SF
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Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:5,500 SF
Transaction Type:Lease

The mixed-use property located at 400 W Cummings Park in Woburn, MA, has leased 5,500 square feet of space to Caesar Creek Software. The park is situated less than 1 mile from the intersection of I-95 and I-93, housing numerous office, flex, and retail tenants.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not provided
  • Tenant: Caesar Creek Software
  • Tenant's Rep: Mike Ogasapian (R.W. Holmes Commercial Real Estate)
  • Tenant's Location: Miamisburg, OH
  • Tenant's Services: Cyber research and development for the Federal government
  • Tenant's Growth: Recent opening of a 25,000 SF facility in Ohio

Caesar Creek Software's choice of 400 W Cummings Park was influenced by the building's mix of walkable amenities and accessibility for employees, both those commuting by car and the MBTA's bus lines. The company, headquartered in Ohio, has been experiencing rapid growth over the past five years, leading to the establishment of their first location outside of Ohio in Massachusetts. Mike Truesdale of Cummings Properties represented the Landlord in house during the lease transaction.

Players

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


Cummings Properties
LANDLORD

Details

LEASED
IMAGE: 400 W Cummings Park, Woburn, MA, 0... MARKET: Woburn ASSET TYPE: Mixed-use TENANT'S REP: Mike Ogasapian(R.W. Holmes Commercial Real Estate) LANDLORD'S REP: Michael (Mike) Truesdale(Cummings Properties) TENANT: Caesar Creek Software LANDLORD: Cummings Properties SQUARE FEET: 5500

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Deal Type
Effective Rent (Annual)

$315,256.68

Total Lease Value

$3,152,566.81

Net Landlord Cash Flow$315,256.68