Stoke Therapeutics Leases 98,500 Square Feet Office At 245 Fifth Avenue Waltham MA

The property asset involved in the transaction is an office space located at 245 Fifth Avenue in Waltham, MA, encompassing a total area of 98,500 square feet. The transaction is part of the commercial real estate market, specifically focused on office assets.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not Disclosed
• Address: 245 Fifth Avenue
• Market: Waltham, MA
• Landlord: Anchor Line Partners
• Tenant: Ian F. Smith - Stoke Therapeutics
• Brokers: Mitch Perez, Connor Barnes & Michael Weiss - Cushman & Wakefield

The long-term lease signed by Stoke Therapeutics was aimed at relocating from Bedford to enhance its capabilities for commercializing its first potential medicine targeting Dravet syndrome. It also reflects the organization's intent to expand its research pipeline.