Keurig Dr Pepper Renews 274,000 Square Foot Lease At 53 South Avenue Burlington MA

The property asset is an office space located at 53 South Avenue in Burlington, MA, consisting of 274,000 square feet. The asset's leasing market has been identified as Burlington, MA, with the landlord being Montana Avenue Capital Partners, LLC.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Montana Avenue Capital Partners, LLC
• Tenant: Tim Cofer - Keurig Dr Pepper
• Date: 01/07/2026

The transaction involves Keurig Dr Pepper, which has renewed its lease for its headquarters in Burlington, MA. The renewal aligns with Keurig Dr Pepper's plans to split its coffee and beverage businesses, with coffee operations remaining in Massachusetts while relocating other beverage brands to Texas.