American Tower Leases 40,000 SF Office Space At 116 Huntington Ave, Boston
LEASED
Massachusetts
See Similar DealsOffice40,000 SF
LEASED
American Tower Leases 40,000 SF Office Space At 116 Huntington Ave, Boston
116 Huntington Ave, Boston, MA, 02116
See Similar DealsOffice40,000 SF
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:40,000 SF
Transaction Type:Lease
The office building located at 116 Huntington Avenue in Boston, MA, 02116 has recently been involved in a lease renewal transaction. The 15-story building encompasses 273,000 square feet and features ground-floor retail and restaurant spaces. American Tower, a REIT based in Boston, renewed a 40,000-square-foot office lease within this property.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: American Tower
- Tenant's Representative: Tim Lahey (CBRE)
- Landlord: Columbia Property Trust
- Landlord's Representatives: Lauria Brennan (Cushman & Wakefield), Michael Joyce (Cushman & Wakefield)
- Square Feet: 40,000
The lease negotiations were facilitated by Michael Joyce and Lauria Brennan from Cushman & Wakefield who represented the landlord, Columbia Property Trust. On the tenant's side, Kevin Kennedy and Tim Lahey from CBRE acted as representatives for American Tower.
Players
LANDLORD
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,292,775.86
Total Lease Value
$22,927,758.62
Net Landlord Cash Flow$2,292,775.86
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