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Affera Expands Lease At 175 Middlesex Turnpike In Bedford, MA
LEASED
Massachusetts
See Similar DealsOffice6,075 SF
Leased 09/15/2023
LEASED
Affera Expands Lease At 175 Middlesex Turnpike In Bedford, MA
175 Middlesex Turnpike Billerica, MA 01821, USA
See Similar DealsOffice6,075 SF
Leased 09/15/2023
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:6,075 SF
Transaction Type:Lease
Medical technology company Affera has expanded its lease at 175 Middlesex Turnpike in Bedford, MA. The property is an office with a total area of 6,075 square feet. The lease agreement was finalized on September 15, 2023.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 175 Middlesex Turnpike, Bedford, MA
- Market: Bedford, MA
- Tenant: Affera
- Landlord: ConRes IT Solutions
Affera's decision to expand its lease at 175 Middlesex Turnpike reflects its ongoing growth and need for additional space. The company initially leased 5,575 square feet but has now increased its occupancy to 6,075 square feet. The expansion demonstrates the company's confidence in the location and its commitment to operating in Bedford, MA. ConRes IT Solutions, the landlord, facilitated the leasing process, while Joseph Doyle from Cresa represented Affera's interests in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$348,215.33
Total Lease Value
$3,482,153.34
Net Landlord Cash Flow$348,215.33
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