Updated Oct 7, 2026
Russ Tedrake Of Walden Robotics Leases 50,000 Square Feet At BioMed Realty's 20 Sidney Street
20 Sidney Street
Building Size
50,000 SF
Asset Type
Office
Closing
Oct 5, 2026
About this deal
AI
The asset involved in this transaction is a 50,000-square-foot office space located at 20 Sidney Street in Cambridge, MA. The property is owned by BioMed Realty and is situated in proximity to MIT.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 20 Sidney Street
- Market: Cambridge, MA
- Landlord: Tim Schoen - BioMed Realty
- Tenant: Russ Tedrake - Walden Robotics
Walden Robotics, a Toyota Research Institute spinout, has committed to a lease agreement with BioMed Realty, underscoring the growing demand for office spaces in the Cambridge area.
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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