Living Proof Signs 14,085 Square Foot Lease At 12 Farnsworth Street In Boston's Seaport District
12 Farnsworth Street
Building Size
14,085 SF
Asset Type
Office
Closing
Apr 17, 2026
AI
The property asset involved in this transaction is an office space located at 12 Farnsworth Street in Boston, MA. The office encompasses a total of 14,085 square feet and is situated within the Boston's Seaport District.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 12 Farnsworth Street
- Market: Boston, MA
- Landlord: Phase 3 Real Estate Partners
- Tenant: Living Proof
- Brokers: Eric Smith, Lauren Drakeley & Tim Lahey - CBRE
- Lease Size: 14,085 square feet
This lease transaction was facilitated by the brokerage firm CBRE, with representatives Eric Smith, Lauren Drakeley, and Tim Lahey playing key roles in arranging the deal. Living Proof has relocated from the Innovation & Design Building to this new office and lab space.
Players
Boston 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