other_material
confidence high
sentiment neutral
materiality 0.50
enGene signs 5-year lease for 26,335 sq ft Boston office; parent guarantees rent
enGene Therapeutics Inc.
- Lease with 99 High Street Owner LLC for office at 99 High Street, Boston, MA (26,335 rentable square feet).
- Initial term of 5 years 5 months, starting ~June 19, 2025; rent abated for first 5 months.
- Monthly base rent starts at ~$168,982 (Year 1) and escalates to ~$182,912 (Year 5), plus operating expenses and taxes.
- Parent enGene Holdings Inc. executed an unconditional guaranty of all Tenant obligations under the Lease.
- Rentable area is 3.60% of Building; base year for operating expenses is 2026, taxes fiscal year 2026.
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