facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Office

/

Lease

/

99 Coolidge Avenue

Peter M. Moglia Of Alexandria Real Estate Equities & National Development Leases Office To Foghorn Therapeutics In Watertown
LEASEDOffice

Peter M. Moglia Of Alexandria Real Estate Equities & National Development Leases Office To Foghorn Therapeutics In Watertown

99 Coolidge Avenue

Building Size

Asset Type

Office

Closing

Jul 8, 2025

AI

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.

Players

Peter M. Moglia

Alexandria Real Estate Equities Inc

Landlord

$2B

vol

14 deals

Landlord
Alexandria Real Estate Equities Inc
Alexandria Real Estate Equities IncLandlord

Adrian Gottschalk

Foghorn Therapeutics

Tenant

1 deal

Tenant
Foghorn Therapeutics
Foghorn TherapeuticsTenant

Watertown Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93