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Vaisala Signs 28,000 SF Lease At GenLabs' 3 Van De Graaff Drive In Burlington, MA With CBRE Brokers
LEASED
Massachusetts
See Similar DealsOffice28,000 SF
Leased 12/12/2023
LEASED
Vaisala Signs 28,000 SF Lease At GenLabs' 3 Van De Graaff Drive In Burlington, MA With CBRE Brokers
3 Van De Graaff Drive
See Similar DealsOffice28,000 SF
Leased 12/12/2023
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:28,000 SF
Transaction Type:Lease
Vaisala, a global leader in weather, environmental, and industrial measurements, has signed a 28,000 sq.ft. lease for office and lab space at GenLabs' 3 Van de Graaff Drive in Burlington, MA. The property is an office building located in the Burlington market.
Summary of transaction details
- Property Type: Office
- Square Footage: 28,000
- Address: 3 Van de Graaff Drive, Burlington, MA
- Market: Burlington, MA
The lease transaction was facilitated by CBRE brokers Alex Plaisted, Christian Vallis, and Ryan Romano. They represented the tenant, Kai Öistämö from Vaisala, in the deal.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,604,943.10
Total Lease Value
$16,049,431.04
Net Landlord Cash Flow$1,604,943.10
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