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
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