Updated Dec 3, 2024
Amazon - Jeff Bezos Signs Lease For 630,000ft Office Space At 1 Boston Wharf Road, Boston, MA
1 Boston Wharf Road, Boston, MA, USA
Building Size
630,000 SF
Asset Type
Office
Closing
Jan 25, 2021
About this deal
AI
Amazon, led by Jeff Bezos, has recently leased office space at 1 Boston Wharf Road in Boston, MA. The property, owned by WS Development, spans an impressive 630,000 square feet, situated on 33 acres of land.
Summary of transaction details
- Property Type: Office
- Tenant: Amazon - Jeff Bezos
- Landlord: WS Development
- Date: 01/26/2021
- Address: 1 Boston Wharf Road, Boston, MA
- Market: Boston, MA
- Square Footage: 630,000ft
- Acres: 33
This lease transaction between Amazon, represented by Jeff Bezos, and WS Development highlights the growing demand for office space in Boston. With its large square footage and ample land, the property at 1 Boston Wharf Road provides the ideal workspace for Amazon's operations in the area.
Players
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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