other material
confidence high
sentiment neutral
materiality 0.50
TScan Therapeutics expands leased space by ~25,628 sq ft at Waltham HQ through 2029
TScan Therapeutics, Inc.
- Lease amendment adds 25,628 rentable sq ft to existing 25,472 sq ft at 830 Winter St, Waltham, MA.
- New term runs from Q4 2024 to Oct 31, 2029; initial monthly base rent $163,378.50.
- Rent escalates annually: $168,279.86 (yr 2), $173,328.25 (yr 3), $178,528.10 (yr 4), $183,883.94 (yr 5).
- Landlord provides tenant improvement allowance of up to ~$2,681,540.