Updated Aug 27, 2026
LEASEDOffice
Boston Red Sox Signs Six-Year Lease For 100,000 Square Feet Office At 1325 Boylston St
1325 Boylston Street
Building Size
100,000 SF
Asset Type
Office
Closing
Aug 21, 2026
About this deal
AI
The property asset involved in the transaction is an office space located at 1325 Boylston Street in Boston, MA. It has a total square footage of 100,000 and is part of the Van Ness mixed-use development.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Leslie Cohen - Samuels & Associates
- Tenant: Sam Kennedy - Boston Red Sox
- Lease Duration: Six years
- Extension Option: Five years
The key individuals in this transaction are Leslie Cohen, representing the landlord, Samuels & Associates, and Sam Kennedy, representing the tenant, Boston Red Sox. This lease encompasses floors nine through eleven of the building.
Players
Boylston Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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