Updated Oct 12, 2026
ADHC Boston Leases 22,000 SF Office Space At 150 California Street From United Properties Group
150 California Street
$30
$30/SF
Building Size
22,000 SF
Asset Type
Office
Closing
Jan 20, 2026
About this deal
AI
The property asset involved in the transaction is located at 150 California Street in Newton, MA. It is classified as an office asset with a leasing space of 22,000 square feet. The asking rent for the lease is $30 per square foot, and the lease term is set for 10 years. The type of lease applied is a Modified Gross Lease.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $30/ft
- Lease Term: 10 Years
- Lease Type: Modified Gross Lease
- Landlord: United Properties Group
- Tenant: ADHC Boston
- Brokers: Tyler Capecci, Adam Meixner, Jeremy Freid, and Caroline Baker - 128 CRE
The deal involves notable representations from a team of brokers from 128 CRE, specifically Tyler Capecci, Adam Meixner, Jeremy Freid, and Caroline Baker. Their role was crucial in facilitating the lease agreement between the landlord, United Properties Group, and the tenant, ADHC Boston.
On the Map
$30
$30/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
528766.67%
Cash-on-Cash
-151123.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93