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48 Brattle Street

Muji U.S.A. Leases 13,500-Square-Foot Store At 48 Brattle Street Cambridge MA
LEASEDRetail

Muji U.S.A. Leases 13,500-Square-Foot Store At 48 Brattle Street Cambridge MA

48 Brattle Street

Building Size

13,500 SF

Asset Type

Retail

Closing

Dec 9, 2025

AI

The property involved in this transaction is a retail space located at 48 Brattle Street, Cambridge, MA, encompassing a total area of 13,500 square feet. This multi-level store is situated in Harvard Square and has recently been leased to a tenant expanding its presence in the Greater Boston area.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Square Footage: 13,500 SF
  • Address: 48 Brattle Street
  • Market: Cambridge, MA
  • Landlord: Eric D. Schlager - Bulfinch Cos
  • Tenant: Richard Rappaport - Muji U.S.A.
  • Landlord's Representative: Matt Curtin, Greg Covey & Alden Bush - Newmark
  • Tenant's Representative: Boston Realty Advisors

This lease was brokered by Bulfinch and Newmark, marking a significant step for Muji U.S.A. as it establishes a new retail location in a prominent area. The involvement of multiple representatives highlights the collaboration between various parties in finalizing this lease agreement.

Players

Greg Covey

Newmark

Broker

2 deals

Broker
Newmark
NewmarkBrokerage

Eric D. Schlager

Bulfinch Cos

Landlord

$16.5M

vol

3 deals

Landlord

Cambridge 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