L.E.K. Consulting Renews And Expands Lease At 75 State St, Boston
LEASED
Massachusetts
See Similar DealsOffice78,000 SF
Leased 12/24/2019
LEASED
L.E.K. Consulting Renews And Expands Lease At 75 State St, Boston
75 State St, Boston, MA, 02109
See Similar DealsOffice78,000 SF
Leased 12/24/2019
Summary
MASSACHUSETTS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:78,000 SF
Transaction Type:Lease
The property involved in the lease transaction is located at 75 State St, Boston, MA, 02109. The asset is an office space spanning 78,000 square feet within the Boston market. The tenant, L.E.K. Consulting, has renewed and expanded its lease by 15,000 square feet, bringing their total footprint in the Class A office building to 78,000 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant: L.E.K. Consulting
- Tenant's Rep: Nathanael Kessler(JLL)
- Landlord: DivcoWest
- Square Feet: 78,000
Nat Kessler and Kevin Kennedy of CBRE were the representatives for L.E.K. Consulting in the lease negotiations at 75 State Street. Rockpoint Group, alongside DivcoWest, served as the landlords involved in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$4,470,912.93
Total Lease Value
$44,709,129.31
Net Landlord Cash Flow$4,470,912.93
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