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Christopher K. Mellen Of CKM Real Estate Leases 11,248 Sq. Ft. Office To Triton Systems

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LEASED

Massachusetts

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Office11,248 SF
Leased 03/19/2025
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LEASED

Christopher K. Mellen Of CKM Real Estate Leases 11,248 Sq. Ft. Office To Triton Systems

250 Apollo Drive

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Office11,248 SF
Leased 03/19/2025
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:11,248 SF
Transaction Type:Lease

The property involved in this transaction is an office space located at 250 Apollo Drive, Chelmsford, MA. It encompasses 11,248 square feet and is part of a larger 143,215 square-foot building managed by CKM Real Estate, which features amenities such as a cafeteria and fitness center. The lease spans a duration of 12 years, with plans for infrastructure upgrades to accommodate the tenant's requirements.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 250 Apollo Drive
  • Market: Chelmsford, MA
  • Landlord: Christopher K. Mellen - CKM Real Estate
  • Tenant: David Model - Triton Systems
  • Broker: Chris Curley - Hunneman

Christopher K. Mellen represents CKM Real Estate in this lease agreement, while Chris Curley serves as the broker for Triton Systems. The deal indicates a strategic move by Triton Systems to enhance its operational facilities through the upcoming infrastructure upgrades.

Players

Chris Curley
3 deals(617) 457-3211
BROKER

Details

LEASED
IMAGE: David Model & Chris Curley DATE: 03/19/2025 ADDRESS: 250 Apollo Drive MARKET: Chelmsford, MA ASSET TYPE: Office ~ SF: 11,248 LANDLORD: Christopher K. Mellen - CKM Real Estate TENANT: David Model - Triton Systems BROKER: Chris Curley - Hunneman (@HunnemanRE) NOTE: Hunneman brokered an 11,248 sq. ft., 12-year lease of 250 Apollo to Triton Systems, which will undergo infrastructure upgrades to meet the tenant’s needs. CKM Real Estate owns the 143,215 sq. ft. building, which offers amenities like a cafeteria, fitness center, and easy access to I-495 and Route 3.

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Deal Type
Effective Rent (Annual)

$644,728.57

Total Lease Value

$6,447,285.72

Net Landlord Cash Flow$644,728.57