The UTC corridor negotiates like a major market, because it is one

What I See Here

The issues that come up most in UTC

UTC office and lab leases are long, complex, and heavily weighted toward the landlord. Operating expense structures, base year calculations, and escalation caps decide whether the rent you agreed to is the rent you actually pay. Lab and life science space adds another layer: build out and tenant improvement allowances, restoration obligations at the end of the term, and specialized use and hazardous materials provisions that can outlive the lease itself. Growing companies also collide with assignment and change of control clauses at exactly the wrong moment, when an acquirer is at the table and the lease says the landlord can withhold consent.

Have Your Documents Reviewed

• Office and laboratory lease negotiation for UTC corridor tenants
• Operating expense, base year, and escalation cap review
• Tenant improvement allowance and restoration obligation terms
• Assignment and change of control provisions ahead of an acquisition
• Entity formation and equity structuring for growing companies
• Master service, vendor, and supplier agreements with national counterparties
• Licensing, distribution, and intellectual property agreements
• Purchase and sale of companies with UTC facilities and lease obligations