Forrester signs new 13.5-year Cambridge lease; $17.4M TI allowance, six-month abatement

FORRESTER RESEARCH, INC.

New lease for floors 4-6 (118,286 sq ft) from Jan 1, 2026 to June 30, 2039; two 10-year extension options.
Base rent: $349,929/mo Jul 2026-Feb 2027, then $290,786/mo Mar 2027-Feb 2028, escalating to $402,516/mo by June 2039.
Six-month rent abatement from Jan 1, 2026; landlord provides $17.4M tenant improvement allowance.
Existing lease for floors 1-3 terminated by Dec 31, 2025 (may extend to May 31, 2026); rent abated from Jul 1, 2025.
Parking allocation of 179 spaces (1.5 per 1,000 sq ft).

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