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Think Clean Leases 11823 SF Office At 1 Research Drive In Westborough From David Ferris

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LEASED

Massachusetts

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Office11,823 SF
Leased 01/10/2025
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LEASED

Think Clean Leases 11823 SF Office At 1 Research Drive In Westborough From David Ferris

1 Research Drive

See Similar Deals
Office11,823 SF
Leased 01/10/2025
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,823 SF
Transaction Type:Lease

The property asset involved in the transaction is an office space located at 1 Research Drive in Westborough, MA. The total square footage of the asset is 11,823 square feet, providing ample room for business operations. The property is situated within a market known for its commercial developments, which supports a thriving business environment.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1 Research Drive, Westborough, MA
  • Asset Size: 11,823 SF
  • Landlord: David Ferris - Ferris Development
  • Tenant: Think Clean
  • Landlord's Representative: CBRE
  • Tenant's Representative: Nathaniel Heilbron - Cresa

The deal was facilitated by Cresa Boston, with Nathaniel Heilbron representing Think Clean. This office lease aligns with Think Clean's rebranding and growth initiatives, offering modern amenities and a significantly increased operational footprint within the planned budget.

Players

Nathaniel (Nate) Heilbron
2 deals(978) 732-8282
BROKER

Details

LEASED
IMAGE: Nathaniel Heilbron DATE: 01/10/2025 ADDRESS: 1 Research Drive MARKET: Westborough, MA ASSET TYPE: Office ~ SF: 11,823 LANDLORD: David Ferris (@David_Ferris_) - Ferris Development TENANT: Think Clean LANDLORD'S REP: CBRE (@CBRE) TENANT'S REP: Nathaniel Heilbron - Cresa (@CresaGlobal) NOTE: Think Clean has leased an 11,823 s/f office at One Research Dr. in Westborough, facilitated by Cresa Boston. The new space aligns with the company’s rebranding and growth initiatives, offering modern amenities and a doubled footprint within budget.

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Deal Type
Effective Rent (Annual)

$677,687.23

Total Lease Value

$6,776,872.25

Net Landlord Cash Flow$677,687.23