Vertex extends Boston headquarters leases to 2044, adding renewal options

VERTEX PHARMACEUTICALS INC / MA

Extended combined ~1.1 million sq ft of office and lab space under two leases in Boston.
Lease term extended from December 2028 to June 30, 2044, with options for two additional ten-year periods.
Amendments signed with SNH Seaport LLC on August 15, 2024.
Previous lease had a single 10-year extension option; new terms provide up to 20 additional years.

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