facebook
Traded Co logo
Submit

Cervello Inc Leases Office Space At Seaport West Boston From Pembroke

Property Image
LEASED
$60
Debra Gould
Adam Schneier
+ 2

Massachusetts

See Similar Deals
Office11,769 SF
Leased 05/01/2023
the dealplayerscompscontact
Property Image
LEASED

Cervello Inc Leases Office Space At Seaport West Boston From Pembroke

155 Seaport Blvd

See Similar Deals
Office11,769 SF
Leased 05/01/2023
Debra Gould
Adam Schneier
+ 2
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$60
Total Square Footage:11,769 SF
Transaction Type:Lease

Data and analytics consulting firm Cervello Inc has signed a five-year lease for an office space located at 155 Seaport Blvd in Boston, MA. The space, measuring 11,769 sq ft, is situated at Seaport West, which is owned by Pembroke. The lease transaction was finalized on May 1, 2023.

Summary of transaction details

  • Property Type: Office
  • Transaction Date: May 1, 2023
  • Address: 155 Seaport Blvd, Boston, MA
  • Market: Boston, MA
  • Landlord: Pembroke - Kristan McLaughlin
  • Tenant: Cervello Inc - Kerry Veitch
  • Landlord's Representative: Bill Anderson, Tim Bianchi, Deb Gould, & Mel Cersosimo - Newmark
  • Tenant's Representative: Adam Schneier - Colliers
  • Asking Rent: $60/ft.

Pembroke, the landlord, is currently undertaking a comprehensive renovation of the ground floor at Seaport East to enhance the experience for tenants and guests. The renovations include the addition of a new café, winter garden, and conference space, creating a more welcoming atmosphere.

Players

Debra Gould
4 deals$614M volume
BROKER

Adam Schneier
Colliers
1 deal
BROKER

Melanie (Mel) Cersosimo
Newmark
1 deal
BROKER



LANDLORD

Details

LEASED
IMAGE: Kristan McLaughlin DATE: 05/01/2023 ADDRESS: 155 Seaport Blvd MARKET: Boston, MA ASSET TYPE: Office LANDLORD: Pembroke - Kristan McLaughlin TENANT: Cervello Inc - Kerry Veitch LANDLORD'S REP: Bill Anderson, Tim Bianchi, Deb Gould, & Mel Cersosimo - Newmark (@Newmark) TENANT'S REP: Adam Schneier - Colliers (@ColliersInternational) ASKING RENT: $60/ft. ~ SF: 11,769 NOTE: Data and analytics consulting firm Cervello has signed a five-year lease for an 11,769 sq ft space at Seaport West, Boston, owned by Pembroke. Pembroke is undertaking a comprehensive renovation of the ground floor at Seaport East to create a more welcoming experience for tenants and guests, including a new café, winter garden and conference space.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$809,510.37

Total Lease Value

$8,095,103.74

Net Landlord Cash Flow$809,510.37