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Overdrive Subleases 7,962 SF Office Space From Tsoi/Kobus & Associates In Boston's Financial District

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LEASED

Massachusetts

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Office7,962 SF
Leased 05/16/2025
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LEASED

Overdrive Subleases 7,962 SF Office Space From Tsoi/Kobus & Associates In Boston's Financial District

60 State Street

See Similar Deals
Office7,962 SF
Leased 05/16/2025
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Summary

MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:7,962 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 60 State Street, Boston, MA, with a total area of 7,962 square feet. The lease was executed with Tsoi/Kobus & Associates acting as the landlord for the tenant, Overdrive, a digital marketing firm. The transaction marked an important development in the Financial District of Boston, with occupancy set to commence in January 2025.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 60 State Street, Boston, MA
  • Asset Size: 7,962 SF
  • Landlord: Tsoi/Kobus & Associates
  • Tenant: Steve Potash - Overdrive
  • Brokers: Kirk Weller & Thomas Aitken - Avison Young

The key individuals involved in this transaction include Steve Potash representing Overdrive, and brokers Kirk Weller and Thomas Aitken from Avison Young, who facilitated the lease agreement between the landlord and tenant. This lease represents a strategic relocation for Overdrive into a prime area of Boston's Financial District.

Players

Thomas Aitken
1 deal
BROKER

Kirk Weller
Avison Young
6 deals(781) 733-7814
BROKER

Details

LEASED
IMAGE: Thomas Aitken, Steve Potash & Kirk Weller DATE: 05/16/2025 ADDRESS: 60 State Street MARKET: Boston, MA ASSET TYPE: Office ~ SF: 7,962 LANDLORD: Tsoi/Kobus & Associates TENANT: Steve Potash - Overdrive (@Overdrive.Inc_) BROKERS: Kirk Weller & Thomas Aitken - Avison Young (@Avison_Young_Global) NOTE: Overdrive, a digital marketing firm, subleased 7,962 sf at 60 State St. from Tsoi/Kobus & Associates, relocating to Boston’s Financial District with occupancy beginning January 2025.

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Deal Type
Effective Rent (Annual)

$456,377.04

Total Lease Value

$4,563,770.35

Net Landlord Cash Flow$456,377.04