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MFS Investment Management Renews 330,000 SF Lease At Prudential Center In Boston's Back Bay
LEASED
Massachusetts
See Similar DealsOffice330,000 SF
Leased 12/01/2023
LEASED
MFS Investment Management Renews 330,000 SF Lease At Prudential Center In Boston's Back Bay
111 Huntington Avenue
See Similar DealsOffice330,000 SF
Leased 12/01/2023
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:330,000 SF
Transaction Type:Lease
MFS Investment Management has renewed its 330,000 square feet lease at Prudential Center in Boston's Back Bay area. The office space, located at 111 Huntington Avenue, offers direct access to key spots such as the Hynes Convention Center and nearby office towers. The strategic location played a significant role in MFS Investment Management's decision to renew their lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not applicable
- Square Footage: 330,000
- Address: 111 Huntington Avenue, Boston, MA
- Market: Boston, MA
Amrit Kanwal, representing MFS Investment Management, played a crucial role in negotiating the lease renewal. By securing continued access to the prime location, MFS Investment Management aims to maintain its presence in Boston's Back Bay area for the foreseeable future.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$18,915,400.86
Total Lease Value
$189,154,008.64
Net Landlord Cash Flow$18,915,400.86
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