Collegium Pharmaceuticals Signs 40,000 SF Lease At 1 Lincoln Street From Stuart Shiff
Lincoln Street
Building Size
40,000 SF
Asset Type
Office
Closing
Jul 20, 2026
AI
The asset involved in the transaction is an office space located at 1 Lincoln Street in Boston, MA, comprising 40,000 square feet. Collegium Pharmaceuticals has signed a lease for this space, which is situated on the 11th and 12th floors, as part of their relocation from Stoughton.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1 Lincoln Street, Boston, MA
- Asset Size: 40,000 SF
- Landlord: Stuart Shiff - DivcoWest
- Tenant: Collegium Pharmaceuticals
- Landlord's Representative: Gil Dailey & David Martel - Newmark
- Tenant's Representative: Justin Dziama & Connor Hayes - Avison Young
This transaction marks a significant move for Collegium Pharmaceuticals as they establish their new headquarters. The leasing agreement entails occupying the premises starting from the first quarter of the year.
Players
Lincoln Office Market Snapshot
Boundary boundary · Office · 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