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
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