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Electronic & Instrumentation Technology Leases 114,000 SF Industrial Space In Salem, NH

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LEASED

New Hampshire

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Industrial114,000 SF
Leased 05/03/2024
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LEASED

Electronic & Instrumentation Technology Leases 114,000 SF Industrial Space In Salem, NH

9 Northeastern Boulevard

See Similar Deals
Industrial114,000 SF
Leased 05/03/2024
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Summary

NEW HAMPSHIRE
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:114,000 SF
Transaction Type:Lease

The leased property at 9 Northeastern Boulevard in Salem, NH, consists of an industrial asset spanning 114,000 square feet. The landlord, Mike Hoban of Equity Industrial Partners, facilitated the lease to Electronic & Instrumentation Technology.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 9 Northeastern Boulevard
  • Market: Salem, NH
  • Asset Type: Industrial
  • Square Footage: 114,000

Brian Tisbert, Christopher Lawrence, and Matt Perry of JLL acted as the brokers in this deal, representing Electronic & Instrumentation Technology (EIT) in leasing the space. EIT, a division of Zollner AG Group, Europe’s EMS leader, leased the 114,000 square feet at 9 Northeastern Blvd from Equity Industrial Partners, who own the 650,000 square feet class A industrial and office facility where the transaction took place.

Players

Brian Tisbert
8 deals$37.4M volume
BROKER

Christopher "Chris" Lawrence
JLL
7 deals$72.4M volume
BROKER

Details

LEASED
IMAGE: 05/03/2024 ADDRESS: 9 Northeastern Boulevard MARKET: Salem, NH ASSET TYPE: Industrial ~ SF: 114,000 LANDLORD: Mike Hoban - Equity Industrial Partners TENANT: Electronic & Instrumentation Technology BROKERS: Brian Tisbert, Christopher Lawrence & Matt Perry - JLL NOTE: Electronic & Instrumentation Technology (EIT), a division of Zollner AG Group, Europe’s EMS leader, leased 114,000 square feet at 9 Northeastern Blvd., a 650,000 square feet class A industrial and office facility owned by Equity Industrial Partners.

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Deal Type
Effective Rent (Annual)

$6,534,411.21

Total Lease Value

$65,344,112.08

Net Landlord Cash Flow$6,534,411.21