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12 Farnsworth Street

Living Proof Signs 14,085 Square Foot Lease At 12 Farnsworth Street In Boston's Seaport District
LEASEDOffice

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

Tim Lahey

CBRE

Broker

3 deals

Broker
Living Proof
Living ProofTenant

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