[Form 4] Piper Sandler Companies Insider Trading Activity
Foghorn Therapeutics Inc. (FHTX) has restructured its real-estate footprint, according to a Form 8-K filed on 1 July 2025.
New Watertown headquarters. On 27 June 2025 the company signed a 108-month lease with ARE-MA Region No. 77, LLC for 72,846 sq ft at 99 Coolidge Avenue, Watertown, MA. The premises will serve as the principal executive offices and support R&D, manufacturing and related activities.
- Lease commencement: 16 July 2025; base rent starts 9.5 months after delivery (targeted 1 Oct 2026).
- Year 1 base rent: $3.9 million (45,000 RSF).
- Year 2 base rent: 鈮�$5.2&苍产蝉辫;尘颈濒濒颈辞苍 (60,000 RSF).
- Year 3 base rent: 鈮�$6.3&苍产蝉辫;尘颈濒濒颈辞苍; thereafter 3 % annual escalator beginning 1 Oct 2027.
- Tenant share of operating & tax expenses: 鈮�22.71&苍产蝉辫;%.
- Two successive 5-year extension options.
Termination of Cambridge lease. Simultaneously, Foghorn executed an agreement with ARE-Tech Square, LLC to end its 81,441 sq ft lease at 500 Technology Square, Cambridge鈥攐riginally set to run through 30 Sep 2028. The company will pay all rent and other amounts due through the agreed termination date.
Overall, the filing outlines a planned relocation from Cambridge to a purpose-built Watertown facility with staged rent obligations and optional extensions, replacing a larger, costlier lease that would otherwise have run for three additional years.
Foghorn Therapeutics Inc. (FHTX) ha riorganizzato la propria presenza immobiliare, come riportato in un Modulo 8-K depositato il 1掳 luglio 2025.
Nuova sede a Watertown. Il 27 giugno 2025 la societ脿 ha firmato un contratto di locazione della durata di 108 mesi con ARE-MA Region No. 77, LLC per 72.846 piedi quadrati presso il 99 Coolidge Avenue, Watertown, MA. I locali saranno utilizzati come uffici esecutivi principali e supporteranno attivit脿 di ricerca e sviluppo, produzione e attivit脿 correlate.
- Inizio del contratto di locazione: 16 luglio 2025; il canone base inizier脿 9,5 mesi dopo la consegna (prevista per il 1 ottobre 2026).
- Canone base anno 1: 3,9 milioni di dollari (45.000 RSF).
- Canone base anno 2: circa 5,2 milioni di dollari (60.000 RSF).
- Canone base anno 3: circa 6,3 milioni di dollari; successivamente aumento annuo del 3% a partire dal 1 ottobre 2027.
- Quota del locatario per spese operative e tasse: circa 22,71%.
- Due opzioni successive di estensione di 5 anni ciascuna.
Terminazione del contratto di locazione a Cambridge. Contemporaneamente, Foghorn ha stipulato un accordo con ARE-Tech Square, LLC per terminare il contratto di locazione di 81.441 piedi quadrati presso il 500 Technology Square, Cambridge, originariamente valido fino al 30 settembre 2028. La societ脿 pagher脿 tutti i canoni e gli importi dovuti fino alla data di risoluzione concordata.
In sintesi, il documento descrive un trasferimento pianificato da Cambridge a una struttura appositamente costruita a Watertown con obblighi di affitto scaglionati e opzioni di estensione, sostituendo un contratto pi霉 grande e costoso che sarebbe durato altri tre anni.
Foghorn Therapeutics Inc. (FHTX) ha reestructurado su presencia inmobiliaria, seg煤n un Formulario 8-K presentado el 1 de julio de 2025.
Nueva sede en Watertown. El 27 de junio de 2025, la empresa firm贸 un contrato de arrendamiento por 108 meses con ARE-MA Region No. 77, LLC para 72,846 pies cuadrados en 99 Coolidge Avenue, Watertown, MA. Las instalaciones ser谩n la oficina ejecutiva principal y apoyar谩n actividades de I+D, manufactura y relacionadas.
- Inicio del arrendamiento: 16 de julio de 2025; la renta base comenzar谩 9.5 meses despu茅s de la entrega (objetivo 1 de octubre de 2026).
- Renta base a帽o 1: 3.9 millones de d贸lares (45,000 RSF).
- Renta base a帽o 2: aproximadamente 5.2 millones de d贸lares (60,000 RSF).
- Renta base a帽o 3: aproximadamente 6.3 millones de d贸lares; luego un aumento anual del 3% a partir del 1 de octubre de 2027.
- Porcentaje del inquilino en gastos operativos e impuestos: aproximadamente 22.71%.
- Dos opciones sucesivas de extensi贸n de 5 a帽os cada una.
Terminaci贸n del contrato en Cambridge. Simult谩neamente, Foghorn firm贸 un acuerdo con ARE-Tech Square, LLC para terminar su contrato de arrendamiento de 81,441 pies cuadrados en 500 Technology Square, Cambridge, originalmente vigente hasta el 30 de septiembre de 2028. La empresa pagar谩 toda la renta y dem谩s montos adeudados hasta la fecha de terminaci贸n acordada.
En conjunto, el documento describe una reubicaci贸n planificada de Cambridge a una instalaci贸n construida a medida en Watertown con obligaciones de renta escalonadas y opciones de extensi贸n, reemplazando un contrato m谩s grande y costoso que habr铆a durado tres a帽os m谩s.
Foghorn Therapeutics Inc. (FHTX)臧� 2025云� 7鞗� 1鞚� 鞝滌稖霅� Form 8-K鞐� 霐半澕 攵�霃欖偘 甑“毳� 鞛幐頄堨姷雼堧嫟.
靸堧鞖� 鞗岉劙韮�鞖� 氤胳偓. 2025云� 6鞗� 27鞚� 須岇偓電� ARE-MA Region No. 77, LLC鞕� 99 Coolidge Avenue, Watertown, MA鞐� 鞙勳箻頃� 72,846 韽夒癌頂柬姼 瓿店皠鞐� 雽�頃� 108臧涤洈 鞛勲寑 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞚� 鞛レ唽電� 欤检殧 瓴届榿歆� 靷鞁る 靷毄霅橂┌ 鞐瓣惮臧滊皽, 鞝滌“ 氚� 甏�霠� 頇滊彊鞚� 歆�鞗愴暊 鞓堨爼鞛呺媹雼�.
- 鞛勲寑 鞁滌瀾鞚�: 2025云� 7鞗� 16鞚�; 旮半掣 鞛勲寑耄岆姅 雮╉拡 頉� 9.5臧滌洈歆鸽秬韯� 鞁滌瀾 (氇╉憸鞚� 2026雲� 10鞗� 1鞚�).
- 1雲勳皑 旮半掣 鞛勲寑耄�: 390毵� 雼煬 (45,000 RSF).
- 2雲勳皑 旮半掣 鞛勲寑耄�: 鞎� 520毵� 雼煬 (60,000 RSF).
- 3雲勳皑 旮半掣 鞛勲寑耄�: 鞎� 630毵� 雼煬; 鞚错泟 2027雲� 10鞗� 1鞚茧秬韯� 毵る厔 3% 鞚胳儊.
- 鞛勳皑鞚胳潣 鞖挫榿牍� 氚� 靹戈笀 攵�雼� 牍勳湪: 鞎� 22.71%.
- 鞐办啀 5云� 鞐办灔 鞓奠厴 2須�.
旒�鞛勲笇毽 鞛勲寑 瓿勳暯 膦呺. 霃欖嫓鞐� Foghorn電� ARE-Tech Square, LLC鞕� 500 Technology Square, Cambridge鞚� 81,441 韽夒癌頂柬姼 鞛勲寑 瓿勳暯鞚� 膦呺頃橂姅 頃╈潣毳� 觳搓舶頄堨姷雼堧嫟. 鞗愲灅 瓿勳暯鞚� 2028雲� 9鞗� 30鞚缄箤歆�鞓�鞙茧┌, 須岇偓電� 頃╈潣霅� 膦呺鞚缄箤歆� 氇摖 鞛勲寑耄� 氚� 旮绊儉 旮堨暋鞚� 歆�攵堩暊 瓴冹瀰雼堧嫟.
鞝勳泊鞝侅溂搿� 鞚� 氍胳劀電� 旒�鞛勲笇毽鞐愳劀 鞗岉劙韮�鞖挫潣 毵烄钉順� 鞁滌劋搿� 鞚挫爠 瓿勴殟鞚� 靹る獏頃橂┌, 雼硠氤� 鞛勲寑耄� 鞚橂鞕� 鞐办灔 鞓奠厴鞚� 韱淀暣 旮办〈氤措嫟 韥碃 牍勳毄鞚� 雿� 毵庫澊 霌滊姅 鞛勲寑 瓿勳暯鞚� 雽�觳错暕雼堧嫟.
Foghorn Therapeutics Inc. (FHTX) a restructur茅 son parc immobilier, selon un formulaire 8-K d茅pos茅 le 1er juillet 2025.
Nouveau si猫ge 脿 Watertown. Le 27 juin 2025, la soci茅t茅 a sign茅 un bail de 108 mois avec ARE-MA Region No. 77, LLC pour 72 846 pieds carr茅s au 99 Coolidge Avenue, Watertown, MA. Les locaux serviront de bureaux ex茅cutifs principaux et soutiendront la R&D, la fabrication et les activit茅s connexes.
- D茅but du bail : 16 juillet 2025 ; le loyer de base commencera 9,5 mois apr猫s la livraison (pr茅vu pour le 1er octobre 2026).
- Loyer de base ann茅e 1 : 3,9 millions de dollars (45 000 RSF).
- Loyer de base ann茅e 2 : environ 5,2 millions de dollars (60 000 RSF).
- Loyer de base ann茅e 3 : environ 6,3 millions de dollars ; ensuite une augmentation annuelle de 3 % 脿 partir du 1er octobre 2027.
- Part du locataire dans les charges d'exploitation et taxes : environ 22,71 %.
- Deux options successives de renouvellement de 5 ans chacune.
R茅siliation du bail 脿 Cambridge. Simultan茅ment, Foghorn a conclu un accord avec ARE-Tech Square, LLC pour mettre fin 脿 son bail de 81 441 pieds carr茅s au 500 Technology Square, Cambridge 鈥� initialement pr茅vu jusqu'au 30 septembre 2028. La soci茅t茅 paiera tous les loyers et autres montants dus jusqu'脿 la date de r茅siliation convenue.
Dans l鈥檈nsemble, le d茅p么t d茅crit un d茅m茅nagement pr茅vu de Cambridge vers une installation construite sur mesure 脿 Watertown avec des obligations de loyer 茅chelonn茅es et des options de renouvellement, rempla莽ant un bail plus grand et plus co没teux qui aurait autrement dur茅 trois ann茅es suppl茅mentaires.
Foghorn Therapeutics Inc. (FHTX) hat seine Immobilienstruktur umgestaltet, wie aus einem am 1. Juli 2025 eingereichten Formular 8-K hervorgeht.
Neuer Hauptsitz in Watertown. Am 27. Juni 2025 unterzeichnete das Unternehmen einen 108-monatigen Mietvertrag mit ARE-MA Region No. 77, LLC 眉ber 72.846 Quadratfu脽 in der 99 Coolidge Avenue, Watertown, MA. Die R盲umlichkeiten werden als Hauptgesch盲ftsstelle dienen und F&E, Produktion sowie verwandte Aktivit盲ten unterst眉tzen.
- Beginn des Mietvertrags: 16. Juli 2025; die Grundmiete beginnt 9,5 Monate nach 脺bergabe (geplant f眉r 1. Oktober 2026).
- Grundmiete Jahr 1: 3,9 Millionen US-Dollar (45.000 RSF).
- Grundmiete Jahr 2: ca. 5,2 Millionen US-Dollar (60.000 RSF).
- Grundmiete Jahr 3: ca. 6,3 Millionen US-Dollar; danach j盲hrliche Steigerung um 3 % ab dem 1. Oktober 2027.
- Mieteranteil an Betriebs- und Steuerkosten: ca. 22,71 %.
- Zwei aufeinanderfolgende Verl盲ngerungsoptionen von je 5 Jahren.
K眉ndigung des Mietvertrags in Cambridge. Gleichzeitig schloss Foghorn eine Vereinbarung mit ARE-Tech Square, LLC zur Beendigung seines 81.441 Quadratfu脽 gro脽en Mietvertrags in 500 Technology Square, Cambridge, der urspr眉nglich bis zum 30. September 2028 laufen sollte. Das Unternehmen wird alle Mieten und sonstigen Betr盲ge bis zum vereinbarten K眉ndigungsdatum zahlen.
Insgesamt beschreibt die Einreichung einen geplanten Umzug von Cambridge in eine eigens errichtete Einrichtung in Watertown mit gestaffelten Mietverpflichtungen und optionalen Verl盲ngerungen, die einen gr枚脽eren und teureren Mietvertrag ersetzen, der sonst noch drei Jahre gelaufen w盲re.
- Long-term facility secured with two 5-year extension options, supporting strategic growth.
- First-year rent abatement to $3.9 m delays cash outflow until after key development milestones.
- 9-year fixed rent obligation with 3 % annual escalators increases future fixed costs.
- Obligation to pay remaining rent on the terminated Cambridge lease could generate near-term cash drag.
Insights
TL;DR: FHTX swaps an expiring Cambridge lease for a new Watertown HQ with staged rent, moderate escalators and extension options鈥攆inancial impact appears neutral.
The 72.8 k sq ft Watertown lease provides long-term operational stability and consolidates functions under one roof. First-year rent of $3.9 m represents an abatement relative to market rates and previous obligations, giving the company flexibility during build-out. Annual escalations are a standard 3 %, while the 22.71 % share of operating expenses is in line with comparable biotech leases in Greater Boston. Two 5-year options preserve optionality without penalty. Early termination of the larger 81.4 k sq ft Cambridge lease removes an obligation that would have persisted to 2028, though Foghorn must still pay rent through the negotiated exit date. Net impact is operationally positive but financially neutral until rent commences in late 2026.
TL;DR: Relocation reallocates cash flows; no immediate P&L effect, but establishes predictable facility costs for nine years.
The transaction does not alter revenue guidance or near-term expense run-rate, as cash rent starts after October 2026. However, investors gain visibility into future occupancy costs: approximately $6.3 m in FY-2027 rising 3 % annually thereafter. Because the Cambridge lease was already an existing liability, the shift mainly changes timing and location of payments. With 18-24 months before rent accrues, Foghorn preserves cash during clinical milestones. Absent disclosed termination penalties or overlapping rent periods, the event is unlikely to change valuation models meaningfully, rendering the overall market impact neutral.
Foghorn Therapeutics Inc. (FHTX) ha riorganizzato la propria presenza immobiliare, come riportato in un Modulo 8-K depositato il 1掳 luglio 2025.
Nuova sede a Watertown. Il 27 giugno 2025 la societ脿 ha firmato un contratto di locazione della durata di 108 mesi con ARE-MA Region No. 77, LLC per 72.846 piedi quadrati presso il 99 Coolidge Avenue, Watertown, MA. I locali saranno utilizzati come uffici esecutivi principali e supporteranno attivit脿 di ricerca e sviluppo, produzione e attivit脿 correlate.
- Inizio del contratto di locazione: 16 luglio 2025; il canone base inizier脿 9,5 mesi dopo la consegna (prevista per il 1 ottobre 2026).
- Canone base anno 1: 3,9 milioni di dollari (45.000 RSF).
- Canone base anno 2: circa 5,2 milioni di dollari (60.000 RSF).
- Canone base anno 3: circa 6,3 milioni di dollari; successivamente aumento annuo del 3% a partire dal 1 ottobre 2027.
- Quota del locatario per spese operative e tasse: circa 22,71%.
- Due opzioni successive di estensione di 5 anni ciascuna.
Terminazione del contratto di locazione a Cambridge. Contemporaneamente, Foghorn ha stipulato un accordo con ARE-Tech Square, LLC per terminare il contratto di locazione di 81.441 piedi quadrati presso il 500 Technology Square, Cambridge, originariamente valido fino al 30 settembre 2028. La societ脿 pagher脿 tutti i canoni e gli importi dovuti fino alla data di risoluzione concordata.
In sintesi, il documento descrive un trasferimento pianificato da Cambridge a una struttura appositamente costruita a Watertown con obblighi di affitto scaglionati e opzioni di estensione, sostituendo un contratto pi霉 grande e costoso che sarebbe durato altri tre anni.
Foghorn Therapeutics Inc. (FHTX) ha reestructurado su presencia inmobiliaria, seg煤n un Formulario 8-K presentado el 1 de julio de 2025.
Nueva sede en Watertown. El 27 de junio de 2025, la empresa firm贸 un contrato de arrendamiento por 108 meses con ARE-MA Region No. 77, LLC para 72,846 pies cuadrados en 99 Coolidge Avenue, Watertown, MA. Las instalaciones ser谩n la oficina ejecutiva principal y apoyar谩n actividades de I+D, manufactura y relacionadas.
- Inicio del arrendamiento: 16 de julio de 2025; la renta base comenzar谩 9.5 meses despu茅s de la entrega (objetivo 1 de octubre de 2026).
- Renta base a帽o 1: 3.9 millones de d贸lares (45,000 RSF).
- Renta base a帽o 2: aproximadamente 5.2 millones de d贸lares (60,000 RSF).
- Renta base a帽o 3: aproximadamente 6.3 millones de d贸lares; luego un aumento anual del 3% a partir del 1 de octubre de 2027.
- Porcentaje del inquilino en gastos operativos e impuestos: aproximadamente 22.71%.
- Dos opciones sucesivas de extensi贸n de 5 a帽os cada una.
Terminaci贸n del contrato en Cambridge. Simult谩neamente, Foghorn firm贸 un acuerdo con ARE-Tech Square, LLC para terminar su contrato de arrendamiento de 81,441 pies cuadrados en 500 Technology Square, Cambridge, originalmente vigente hasta el 30 de septiembre de 2028. La empresa pagar谩 toda la renta y dem谩s montos adeudados hasta la fecha de terminaci贸n acordada.
En conjunto, el documento describe una reubicaci贸n planificada de Cambridge a una instalaci贸n construida a medida en Watertown con obligaciones de renta escalonadas y opciones de extensi贸n, reemplazando un contrato m谩s grande y costoso que habr铆a durado tres a帽os m谩s.
Foghorn Therapeutics Inc. (FHTX)臧� 2025云� 7鞗� 1鞚� 鞝滌稖霅� Form 8-K鞐� 霐半澕 攵�霃欖偘 甑“毳� 鞛幐頄堨姷雼堧嫟.
靸堧鞖� 鞗岉劙韮�鞖� 氤胳偓. 2025云� 6鞗� 27鞚� 須岇偓電� ARE-MA Region No. 77, LLC鞕� 99 Coolidge Avenue, Watertown, MA鞐� 鞙勳箻頃� 72,846 韽夒癌頂柬姼 瓿店皠鞐� 雽�頃� 108臧涤洈 鞛勲寑 瓿勳暯鞚� 觳搓舶頄堨姷雼堧嫟. 鞚� 鞛レ唽電� 欤检殧 瓴届榿歆� 靷鞁る 靷毄霅橂┌ 鞐瓣惮臧滊皽, 鞝滌“ 氚� 甏�霠� 頇滊彊鞚� 歆�鞗愴暊 鞓堨爼鞛呺媹雼�.
- 鞛勲寑 鞁滌瀾鞚�: 2025云� 7鞗� 16鞚�; 旮半掣 鞛勲寑耄岆姅 雮╉拡 頉� 9.5臧滌洈歆鸽秬韯� 鞁滌瀾 (氇╉憸鞚� 2026雲� 10鞗� 1鞚�).
- 1雲勳皑 旮半掣 鞛勲寑耄�: 390毵� 雼煬 (45,000 RSF).
- 2雲勳皑 旮半掣 鞛勲寑耄�: 鞎� 520毵� 雼煬 (60,000 RSF).
- 3雲勳皑 旮半掣 鞛勲寑耄�: 鞎� 630毵� 雼煬; 鞚错泟 2027雲� 10鞗� 1鞚茧秬韯� 毵る厔 3% 鞚胳儊.
- 鞛勳皑鞚胳潣 鞖挫榿牍� 氚� 靹戈笀 攵�雼� 牍勳湪: 鞎� 22.71%.
- 鞐办啀 5云� 鞐办灔 鞓奠厴 2須�.
旒�鞛勲笇毽 鞛勲寑 瓿勳暯 膦呺. 霃欖嫓鞐� Foghorn電� ARE-Tech Square, LLC鞕� 500 Technology Square, Cambridge鞚� 81,441 韽夒癌頂柬姼 鞛勲寑 瓿勳暯鞚� 膦呺頃橂姅 頃╈潣毳� 觳搓舶頄堨姷雼堧嫟. 鞗愲灅 瓿勳暯鞚� 2028雲� 9鞗� 30鞚缄箤歆�鞓�鞙茧┌, 須岇偓電� 頃╈潣霅� 膦呺鞚缄箤歆� 氇摖 鞛勲寑耄� 氚� 旮绊儉 旮堨暋鞚� 歆�攵堩暊 瓴冹瀰雼堧嫟.
鞝勳泊鞝侅溂搿� 鞚� 氍胳劀電� 旒�鞛勲笇毽鞐愳劀 鞗岉劙韮�鞖挫潣 毵烄钉順� 鞁滌劋搿� 鞚挫爠 瓿勴殟鞚� 靹る獏頃橂┌, 雼硠氤� 鞛勲寑耄� 鞚橂鞕� 鞐办灔 鞓奠厴鞚� 韱淀暣 旮办〈氤措嫟 韥碃 牍勳毄鞚� 雿� 毵庫澊 霌滊姅 鞛勲寑 瓿勳暯鞚� 雽�觳错暕雼堧嫟.
Foghorn Therapeutics Inc. (FHTX) a restructur茅 son parc immobilier, selon un formulaire 8-K d茅pos茅 le 1er juillet 2025.
Nouveau si猫ge 脿 Watertown. Le 27 juin 2025, la soci茅t茅 a sign茅 un bail de 108 mois avec ARE-MA Region No. 77, LLC pour 72 846 pieds carr茅s au 99 Coolidge Avenue, Watertown, MA. Les locaux serviront de bureaux ex茅cutifs principaux et soutiendront la R&D, la fabrication et les activit茅s connexes.
- D茅but du bail : 16 juillet 2025 ; le loyer de base commencera 9,5 mois apr猫s la livraison (pr茅vu pour le 1er octobre 2026).
- Loyer de base ann茅e 1 : 3,9 millions de dollars (45 000 RSF).
- Loyer de base ann茅e 2 : environ 5,2 millions de dollars (60 000 RSF).
- Loyer de base ann茅e 3 : environ 6,3 millions de dollars ; ensuite une augmentation annuelle de 3 % 脿 partir du 1er octobre 2027.
- Part du locataire dans les charges d'exploitation et taxes : environ 22,71 %.
- Deux options successives de renouvellement de 5 ans chacune.
R茅siliation du bail 脿 Cambridge. Simultan茅ment, Foghorn a conclu un accord avec ARE-Tech Square, LLC pour mettre fin 脿 son bail de 81 441 pieds carr茅s au 500 Technology Square, Cambridge 鈥� initialement pr茅vu jusqu'au 30 septembre 2028. La soci茅t茅 paiera tous les loyers et autres montants dus jusqu'脿 la date de r茅siliation convenue.
Dans l鈥檈nsemble, le d茅p么t d茅crit un d茅m茅nagement pr茅vu de Cambridge vers une installation construite sur mesure 脿 Watertown avec des obligations de loyer 茅chelonn茅es et des options de renouvellement, rempla莽ant un bail plus grand et plus co没teux qui aurait autrement dur茅 trois ann茅es suppl茅mentaires.
Foghorn Therapeutics Inc. (FHTX) hat seine Immobilienstruktur umgestaltet, wie aus einem am 1. Juli 2025 eingereichten Formular 8-K hervorgeht.
Neuer Hauptsitz in Watertown. Am 27. Juni 2025 unterzeichnete das Unternehmen einen 108-monatigen Mietvertrag mit ARE-MA Region No. 77, LLC 眉ber 72.846 Quadratfu脽 in der 99 Coolidge Avenue, Watertown, MA. Die R盲umlichkeiten werden als Hauptgesch盲ftsstelle dienen und F&E, Produktion sowie verwandte Aktivit盲ten unterst眉tzen.
- Beginn des Mietvertrags: 16. Juli 2025; die Grundmiete beginnt 9,5 Monate nach 脺bergabe (geplant f眉r 1. Oktober 2026).
- Grundmiete Jahr 1: 3,9 Millionen US-Dollar (45.000 RSF).
- Grundmiete Jahr 2: ca. 5,2 Millionen US-Dollar (60.000 RSF).
- Grundmiete Jahr 3: ca. 6,3 Millionen US-Dollar; danach j盲hrliche Steigerung um 3 % ab dem 1. Oktober 2027.
- Mieteranteil an Betriebs- und Steuerkosten: ca. 22,71 %.
- Zwei aufeinanderfolgende Verl盲ngerungsoptionen von je 5 Jahren.
K眉ndigung des Mietvertrags in Cambridge. Gleichzeitig schloss Foghorn eine Vereinbarung mit ARE-Tech Square, LLC zur Beendigung seines 81.441 Quadratfu脽 gro脽en Mietvertrags in 500 Technology Square, Cambridge, der urspr眉nglich bis zum 30. September 2028 laufen sollte. Das Unternehmen wird alle Mieten und sonstigen Betr盲ge bis zum vereinbarten K眉ndigungsdatum zahlen.
Insgesamt beschreibt die Einreichung einen geplanten Umzug von Cambridge in eine eigens errichtete Einrichtung in Watertown mit gestaffelten Mietverpflichtungen und optionalen Verl盲ngerungen, die einen gr枚脽eren und teureren Mietvertrag ersetzen, der sonst noch drei Jahre gelaufen w盲re.
FAQ
What is the size of Foghorn Therapeutics' new Watertown facility?
When does the new lease for FHTX begin and when is rent first due?
How much will Foghorn pay in base rent during the first three years?
What happened to the existing Cambridge lease at 500 Technology Square?
Does Foghorn have options to extend the new Watertown lease?
What percentage of operating and tax expenses will Foghorn bear at the new site?
