The property asset involved in this transaction is an office space located at 40 Water Street in Boston, MA, encompassing a total of 6,803 square feet. The lease agreement marks a significant upgrade for the tenant, transitioning from a smaller 2,100-square-foot coworking space to a more extensive headquarters with modern amenities and dedicated signage.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 40 Water Street
• Market: Boston, MA
• Asset Size: 6,803 SF
• Tenant: Matt Barron - Cariina
• Brokers: Jon Vacca & Kirk Weller - Avison Young

The deal was facilitated by Jon Vacca and Kirk Weller from Avison Young, representing the tenant in securing this new lease. The lease reflects a trend towards companies seeking flexible and move-in-ready office spaces amidst evolving market conditions.