CMCT Announces 30,821-Square-Foot Lease to Boston Scientific Corporation at Penn Field, a 228,000-Square-Foot Creative Office Campus in Austin
AUSTIN, Texas--(BUSINESS WIRE)--CMCT signs 30,821 sf lease with Boston Scientific at 228,000 sf Penn Field Creative Office Campus in Austin bringing property to 93% leased
How might this development affect CMCT's acquisition strategy or future expansion plans in the Austin market?
Is there any impact on CMCT's balance sheet metrics (e.g., FFO, DSCR) from this new lease agreement?
What potential risks, such as tenant credit concerns or market slowdown, could offset the positive aspects of the lease?
26 days ago