Meta Materials Inc Leases Office Space At 85 Rangeway Rd In North Billerica, MA With Brokers Jim Bartholomew & Mike Ogasapian - R.W. Holmes
85 Rangeway Road
$17
$17/SF
Building Size
12,655 SF
Asset Type
Office
Closing
Feb 3, 2023
AI
The leased property is located at 85 Rangeway Rd in North Billerica, MA. It is an office space with a total area of 12,655 square feet. The lease transaction was completed on 02/03/2023.
Summary of transaction details
- Property Type: Office
- Asking Rent: $16.50/ft.
The landlord of the property is K&L Realty, and the tenant is Meta Materials Inc. The lease deal was facilitated by brokers Jim Bartholomew and Mike Ogasapian from R.W. Holmes.
Jim Bartholomew and Mike Ogasapian represent the tenant and worked on behalf of Meta Materials Inc in the lease agreement with K&L Realty.
Players
North Billerica Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
933117.65%
Cash-on-Cash
-266687.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93