FUMO Restaurant Group Leases Restaurant Space At 9 Park Street Boston For $83 Per Foot

The property involved in this transaction is a restaurant located at 9 Park Street in Boston, MA. The asset has a total square footage of 4,091 and was leased at an asking rent of $83 per square foot. The lease agreement is structured as a NNN lease with a term of 10 years.

Summary of transaction details:

• Property Type: Restaurant
• Transaction Amount: $83/ft
• Lease Term: 10 years
• Lease Type: NNN Lease
• Address: 9 Park Street
• Market: Boston, MA
• Tenant: FUMO Restaurant Group
• Broker: Andrew Haddad

Key individuals involved in this transaction include Andrew Haddad, who acted as the broker representing the lease arrangement for the FUMO Restaurant Group. The agreement is notable as it secures a long-term tenancy for the restaurant asset at a significant market rate in the Boston area.