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1050 Winter Street

Anduril Industries Leases 162000 SF Office From BXP Inc At 1050 Winter Street Waltham MA
LEASEDOffice

Anduril Industries Leases 162000 SF Office From BXP Inc At 1050 Winter Street Waltham MA

1050 Winter Street

Building Size

162,000 SF

Asset Type

Office

Closing

May 6, 2025

AI

An office asset located at 1050 Winter Street in Waltham, Massachusetts, has been leased by Anduril Industries. The property spans 162,000 square feet and is owned by BXP Inc. The leasing activity forms part of BXP’s total of 1.1 million square feet leased in the first quarter of the year, with the previous intention to convert the site into life sciences facilities now abandoned.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1050 Winter Street
  • Market: Waltham, MA
  • Landlord: Owen D. Thomas - BXP Inc
  • Tenant: Palmer Luckey & Brian Schimpf - Anduril Industries

Owen D. Thomas represents BXP Inc. in the leasing transaction, while Palmer Luckey and Brian Schimpf are the representatives for Anduril Industries, facilitating the agreement for the office space leased at 1050 Winter Street.

Players

Owen D. Thomas

BXP Inc

Landlord

$2B

vol

19 deals

Landlord

Palmer Luckey

Anduril Industries

Tenant

11 deals

Tenant

Waltham Office Market Snapshot

Boundary boundary · Office · 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