ADHC Boston Leases 22,000 SF Office Space At 150 California Street From United Properties Group

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.