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Markforged Signs 10-Year Modified Gross Lease For 120,681 SF Office/R&D Space In Waltham, MA With Landlord Boston Properties And Reps Victoria Paolino, Philip Verre & Rob Byrne - Cushman & Wakefield

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LEASED
Victoria Paolino
Robert (Rob) Byrne
Philip Verre

Massachusetts

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Office120,681 SF
Leased 12/17/2021
the dealplayerscompscontact
Property Image
LEASED

Markforged Signs 10-Year Modified Gross Lease For 120,681 SF Office/R&D Space In Waltham, MA With Landlord Boston Properties And Reps Victoria Paolino, Philip Verre & Rob Byrne - Cushman & Wakefield

60 Tower Road, Waltham, Massachusetts 02451, United States

See Similar Deals
Office120,681 SF
Leased 12/17/2021
Victoria Paolino
Robert (Rob) Byrne
Philip Verre
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Office
Total Square Footage:120,681 SF
Transaction Type:Lease

Markforged has recently signed a lease for an office/R&D space located at 60 Tower Rd in Waltham, MA. The property spans 120,681 square feet and is owned by Boston Properties.

Summary of transaction details

  • Property Type: Office/R&D
  • Transaction Date: 12/17/2021
  • Address: 60 Tower Rd, Waltham, MA
  • Market: Waltham, MA
  • Landlord: Boston Properties
  • Tenant: Markforged
  • Landlord's Representative: Victoria Paolino
  • Tenant's Representatives: Philip Verre & Rob Byrne - Cushman & Wakefield
  • Lease Type: Modified Gross Lease
  • Lease Terms: 10 Years

Rob Byrne, Philip Verre, and Victoria Paolino were involved in the lease transaction as representatives for Markforged (tenant) and Boston Properties (landlord) respectively.

Players

Philip Verre
Cushman & Wakefield
Philip Verre
6 deals$15M volume(617) 204-4124
BROKER
Robert (Rob) Byrne
Cushman & Wakefield
Robert Byrne
6 deals$122.5M volume
BROKER
Victoria Paolino
Victoria Paolino
1 deal
BROKER
Boston Properties
Boston Properties
LANDLORD

Details

LEASED
IMAGE: Rob Byrne, Philip Verre & Victoria Paolino DATE: 12/17/2021 ADDRESS: 60 Tower Rd MARKET: Waltham, MA ASSET TYPE: Office/R&D ~ SF:120,681 LANDLORD: Boston Properties TENANT: Markforged LANDLORD'S REP: Victoria Paolino TENANT'S REP: Philip Verre & Rob Byrne - Cushman & Wakefield LEASE TYPE: Modified Gross Lease LEASE TERMS: 10 Years

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Deal Type
Effective Rent (Annual)

$6,917,362.10

Total Lease Value

$69,173,620.96

Net Landlord Cash Flow$6,917,362.10