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City of Nashua 25-Year Building Lease Agreement with NPAC

Town of Nashua
Disclosed value
$13,633,975
From meeting minutes
Document date
Jun 25, 2025
Term
25 years

The 30-second brief

What it covers

The City of Nashua entered into a 25-year lease agreement with NPAC Corporation for its building, with payments commencing on April 1, 2023, following the certificate of occupancy. The total lease income is $500,000 annually, with a 2% increase in 2027 and a 1% increase yearly thereafter.

Who holds it

City of Nashua holds this lease contract with Town of Nashua. Its other public contracts on record include work for New Hampshire Land and Community Heritage Authority | State of New Hampshire and Valley County.

What happens next

Term as filed: 25 years.

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Contract details

Contract type
Lease
Amount
$13,633,975
Document date
June 25, 2025
Term
25 years
Vendor
City of Nashua
Agency
Town of Nashua
Source document
town-of-nashua-meeting-minutes-2025-06-25_f0e.pdf (Meeting Minutes)

City of Nashua's other public contracts

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Questions about this contract

Who was awarded the lease contract by Town of Nashua?

City of Nashua was awarded this lease contract by Town of Nashua, as recorded on June 25, 2025. The contract value is $13,633,975.

How much is the City of Nashua contract with Town of Nashua worth?

The City of Nashua contract with Town of Nashua is valued at $13,633,975, covering lease work.

What type of contract is this?

This is a Lease contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-nashua-meeting-minutes-2025-06-25_f0e.pdf (Meeting Minutes), dated June 25, 2025 from Town of Nashua. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Nashua hold?

City of Nashua may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Nashua currently buying?

Explore Town of Nashua's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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