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Roche Leases 100000 Sq Ft At One Milestone In Allston MA From Breakthrough Properties
LEASED
Massachusetts
See Similar DealsLife Sciences100,000 SF
Leased 01/23/2026
LEASED
Roche Leases 100000 Sq Ft At One Milestone In Allston MA From Breakthrough Properties
Milestone Street
See Similar DealsLife Sciences100,000 SF
Leased 01/23/2026
Summary
MASSACHUSETTS
Asset Type:Life Sciences
Price Per Square Foot:$0
Total Square Footage:100,000 SF
Transaction Type:Lease
The leased property is located at 1 Milestone Street in Allston, MA, encompassing a total area of 100,000 square feet specifically designed for life sciences use. Roche is expanding its presence at this location, increasing its space significantly from a previous 30,000 square feet leased area.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: Not disclosed
- Landlord: Dan Belldegrun - Breakthrough Properties
- Tenant: Dr. Thomas Schinecker - Roche
- Market: Allston, MA
- Lease Start: Phased moves begin mid-2026
Dan Belldegrun represents Breakthrough Properties as the landlord in this transaction, while Dr. Thomas Schinecker represents Roche as the tenant. The deal facilitates Roche's expansion into biotechnology and AI research.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,731,939.66
Total Lease Value
$57,319,396.56
Net Landlord Cash Flow$5,731,939.66
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