Zimmer Northeast Leases 14011 Square Feet At 141 Middlesex Turnpike Burlington From The Berman Cos
LEASED
New Jersey
See Similar DealsIndustrial14,011 SF
LEASED
Zimmer Northeast Leases 14011 Square Feet At 141 Middlesex Turnpike Burlington From The Berman Cos
141 Middlesex Turnpike, Burlington, M...
See Similar DealsIndustrial14,011 SF
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:14,011 SF
Transaction Type:Lease
A lease has been negotiated for flex space located at 141 Middlesex Turnpike, Burlington, Massachusetts. The property encompasses 14,011 square feet and is situated in the Hainesport market. The tenant of the space is Zimmer Northeast, a subsidiary of Zimmer Biomet, which specializes in orthopedics products.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Zimmer Northeast
- Landlord: The Berman Cos.
- Tenant's Representative: Garry Holmes - R.W. Holmes Commercial Real Estate
- Landlord's Representatives: Jordan Yarboro - JLL, Madison Chambers - JLL
- Square Feet: 14,011
The lease transaction was facilitated by Mike Ogasapian and Garry Holmes from R.W. Holmes, representing the tenant. Jordan Yarboro and Madison Chambers represented the landlord in this agreement, contributing to a smooth negotiation process for both parties.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$803,102.07
Total Lease Value
$8,031,020.65
Net Landlord Cash Flow$803,102.07
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