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399 Washington Street

Tadashi Yanai - Uniqlo Leases 25000 Square Feet At 399 Washington Street In Boston
LEASEDRetail

Tadashi Yanai - Uniqlo Leases 25000 Square Feet At 399 Washington Street In Boston

399 Washington Street

Building Size

25,000 SF

Asset Type

Retail

Closing

Oct 10, 2025

AI

The property involved in this transaction is a retail asset located at 399 Washington Street in Boston, MA. The space comprises a total of 25,000 square feet spanning across two floors within the former Barnes & Noble building. The area is situated in Downtown Crossing, which is currently on the path to recovery following the pandemic.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 399 Washington Street
  • Market: Boston, MA
  • Landlord: Hudson Group & Assembly Investments
  • Tenant: Tadashi Yanai - Uniqlo

Tadashi Yanai, representing Uniqlo, has signed a lease for the aforementioned retail space. The anticipated opening of the new store is scheduled for mid-2026, signifying a notable development for the area.

Players

U
UniqloTenant
U
UniqloTenant

Boston Retail Market Snapshot

Boundary boundary · Retail · 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