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48 Brattle Street

Updated Dec 22, 2025

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

About this deal

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

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