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100 Technology Way

Organogenesis Holdings Inc Leases 123000 Square Foot Biomanufacturing Facility In Smithfield Rhode Island
LEASEDLife Sciences

Organogenesis Holdings Inc Leases 123000 Square Foot Biomanufacturing Facility In Smithfield Rhode Island

100 Technology Way

Building Size

123,000 SF

Asset Type

Life Sciences

Closing

Jun 2, 2025

AI

The property involved in this transaction is a biomanufacturing facility located at 100 Technology Way in Smithfield, Rhode Island. The facility has a total square footage of 123,000, classified under the Life Sciences asset type.

Summary of transaction details:

  • Property Type: Life Sciences
  • Transaction Amount: Not specified
  • Address: 100 Technology Way
  • Market: Smithfield, RI
  • Landlord: The Davis Companies
  • Tenant: Organogenesis Holdings Inc
  • Landlord's Representative: Mark Winters & Tyler McGrail - Newmark
  • Tenant's Representative: Bobby Jangro & Robert Coughlin - JLL

This lease agreement involves Organogenesis Holdings Inc as the tenant, which has secured the facility for its biomanufacturing operations. The landlord, The Davis Companies, was represented in this transaction by Mark Winters and Tyler McGrail from Newmark. On the other side, the tenant was represented by Bobby Jangro and Robert Coughlin from JLL.

Players

Tyler McGrail

Newmark

Broker

$137.4M

vol

11 deals

Broker
JLL
JLLBrokerage
The Davis Companies
The Davis CompaniesLandlord

Smithfield Life Sciences Market Snapshot

Boundary boundary · Life Sciences · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93