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Intelligent Manufacturing Solutions Leases 86954 SF Industrial Space In Londonderry NH From R.J. Kelly Co

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LEASED

New Hampshire

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Industrial86,954 SF
Leased 10/03/2025
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LEASED

Intelligent Manufacturing Solutions Leases 86954 SF Industrial Space In Londonderry NH From R.J. Kelly Co

12 Innovation Way

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Industrial86,954 SF
Leased 10/03/2025
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Summary

NEW HAMPSHIRE
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:86,954 SF
Transaction Type:Lease

The asset involved in this lease transaction is an industrial property located at 12 Innovation Way in Londonderry, NH. The total square footage of the property is 86,954, and it falls within a market where Class A industrial availability has tightened to 6.2%. The landlord for this property is R.J. Kelly Co, and it is now leased to Intelligent Manufacturing Solutions, a circuit board manufacturer.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 12 Innovation Way
  • Market: Londonderry, NH
  • Square Footage: 86,954
  • Landlord: R.J. Kelly Co
  • Tenant: Intelligent Manufacturing Solutions
  • Brokers: Rich Ruggiero, Brian Pinch & Tyler McGrail - Newmark

Rich Ruggiero, Brian Pinch, and Tyler McGrail from Newmark represented the landlord, R.J. Kelly Co, in this lease transaction. The arrangement allows Intelligent Manufacturing Solutions to double its operations within the industrial space.

Players

Tyler McGrail
11 deals$137.4M volume
BROKER

Rich Ruggiero
Newmark
13 deals$453.7M volume
BROKER

Brian Pinch
Newmark
5 deals$331.7M volume
BROKER

Newmark
BROKERAGE

Details

LEASED
IMAGE: 10/03/2025 ADDRESS: 12 Innovation Way MARKET: Londonderry, NH ASSET TYPE: Industrial ~ SF: 86,954 LANDLORD: R.J. Kelly Co TENANT: Intelligent Manufacturing Solutions BROKERS: Rich Ruggiero, Brian Pinch & Tyler McGrail - Newmark NOTE: Newmark arranged an 86,954 s/f lease for Intelligent Manufacturing Solutions (IMS) at 12 Innovation Way in Londonderry, NH, allowing the circuit board manufacturer to double its operations. Rich Ruggiero, Brian Pinch, and Tyler McGrail represented landlord R.J. Kelly, as Class A industrial availability in southern New Hampshire tightens to 6.2%.

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Deal Type
Effective Rent (Annual)

$4,984,150.81

Total Lease Value

$49,841,508.08

Net Landlord Cash Flow$4,984,150.81