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Peter M. Moglia Of Alexandria Real Estate Equities & National Development Leases Office To Foghorn Therapeutics In Watertown
LEASED
Massachusetts
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Leased 07/08/2025
LEASED
Peter M. Moglia Of Alexandria Real Estate Equities & National Development Leases Office To Foghorn Therapeutics In Watertown
99 Coolidge Avenue
See Similar DealsOffice
Leased 07/08/2025
Summary
MASSACHUSETTS
Asset Type:Office
Transaction Type:Lease
The property asset involved in this transaction is a former fitness club that has been redeveloped for office use by Alexandria Real Estate Equities and National Development. Located at 99 Coolidge Avenue, Watertown, MA, the new lease covers 73,000 square feet of space.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 99 Coolidge Avenue
- Market: Watertown, MA
- Landlord: Peter M. Moglia - Alexandria Real Estate Equities & National Development
- Tenant: Adrian Gottschalk - Foghorn Therapeutics
Foghorn Therapeutics is relocating from Alexandria's property in Cambridge to the newly leased office space at 99 Coolidge Ave. The redevelopment of this site was a collaborative effort between Alexandria Real Estate Equities and National Development.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$573,193.97
Total Lease Value
$5,731,939.66
Net Landlord Cash Flow$573,193.97
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