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Gogi Gupta Of Gupta Media Expands Office Space To 25000 Square Feet On Dartmouth Street Boston

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LEASED

Massachusetts

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Office25,000 SF
Leased 07/26/2024
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Property Image
LEASED

Gogi Gupta Of Gupta Media Expands Office Space To 25000 Square Feet On Dartmouth Street Boston

131 Dartmouth Street

See Similar Deals
Office25,000 SF
Leased 07/26/2024
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:25,000 SF
Transaction Type:Lease

The property asset involved in this transaction is an office located at 131 Dartmouth Street in Boston, MA. The asset spans 25,000 square feet and is part of the current market accommodating a tenant looking to expand its operations.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 131 Dartmouth Street
  • Market: Boston, MA
  • Asset Square Footage: 25,000
  • Tenant: Gogi Gupta - Gupta Media
  • Lease Duration: 10 years
  • Brokers: Benjamin Heller & Bryan Sparkes - JLL

The lease agreement signed by Gupta Media reflects a significant expansion from their previous office space of 12,000 square feet. The company's growth strategy is founded on enhancing in-person collaboration and nurturing company culture, with plans for a 50% headcount increase in the coming years.

Players

Bryan Sparkes
3 deals$56M volume
BROKER

Details

LEASED
IMAGE: 07/26/2024 IMAGE: Benjamin Heller & Bryan Sparkes ADDRESS: 131 Dartmouth Street MARKET: Boston, MA ASSET TYPE: Office ~ SF: 25,000 TENANT: Gogi Gupta - Gupta Media BROKERS: Benjamin Heller & Bryan Sparkes - JLL NOTE: Gupta Media signed a 10-year lease at 131 Dartmouth Street, expanding its office space from 12,000 to 25,000 square feet. Amidst market downsizing, the agency's growth supports its belief in the power of in-person collaboration and a robust company culture, aiming for a 50% headcount increase in the coming years.

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Deal Type
Effective Rent (Annual)

$1,432,984.91

Total Lease Value

$14,329,849.14

Net Landlord Cash Flow$1,432,984.91