Description

As exclusive sales agent, Jones Lang LaSalle is pleased to offer for sale 8 Technology Drive (the “Property”), located in Chelmsford, Massachusetts. The Property is a 30,226 square foot light industrial facility 100% leased to Tokyo Electron, a leading global electronics company and one of the world’s largest manufacturers of semiconductor production equipment. This offering is an exciting opportunity to acquire a light industrial asset fully leased to a high-quality tenant in one of Massachusetts’ highest performing submarkets.

Driven by its accessibility to Boston, Cambridge, Logan International Airport, and Southern New Hampshire, the North submarket has consistently proven to be the most desirable suburban submarket for light industrial product. The area’s talent-rich labor pool and seamless connectivity to major transportation routes including I-95, I-93, I-495, and Route 3 have fueled overwhelming tenant demand. Furthermore, escalating construction and land costs have made development of new light industrial buildings unfeasible, putting further strain on the already tight supply in the North.

Constructed in 2001, 8 Technology Drive features a 4.0/1,000 SF parking ratio, 13’ clear height, 1,000 amps of power, and 1 loading dock. The Property is fully leased to Tokyo Electron with 3.2 years of term remaining. Tokyo Electron is ranked #4 globally by revenue among semiconductor production equipment manufacturers and consistently ranks among the top 10 most valuable publicly traded companies in Japan (#7 as of September 2026). The Property presents a unique opportunity for investors to acquire a fully leased light industrial facility in the dynamic North submarket.

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