Aldeyra Therapeutics signs new HQ lease in MA
Aldeyra Therapeutics, Inc. executed an office lease with Bradford Street, L.L.C. for approximately 4,067 square feet at 23 Bradford Street, Concord, Massachusetts, to serve as its corporate headquarters.
Rhea-AI Filing Summary
Aldeyra Therapeutics, Inc. executed an office lease with Bradford Street, L.L.C. for approximately 4,067 square feet at 23 Bradford Street, Concord, Massachusetts, to serve as its corporate headquarters.
The lease starts on September 1, 2026 and runs through September 30, 2029. It provides for an initial monthly base rent of $12,201.00, which increases annually, plus operating expenses, taxes, and other fees. Aldeyra will post a $50,000.00 security deposit.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Leased area: 4,067 square feet
Monthly base rent: $12,201.00
Security deposit: $50,000.00
+2 more
5 metrics
Leased area
4,067 square feet
Office space at 23 Bradford Street, Concord, Massachusetts
Monthly base rent
$12,201.00
Initial monthly base rent under the office lease
Security deposit
$50,000.00
Initial security deposit required under the lease
Lease commencement date
September 1, 2026
Start date of the office lease term
Lease end date
September 30, 2029
Scheduled end of the lease term
Key Terms
Base Rent, security deposit, operating expenses
3 terms
Base Rent financial
"provides for a monthly base rent of $12,201.00, increasing each year"
The fixed minimum rent a tenant pays under a lease before any extra charges or variable fees; think of it as the subscription price for a space, separate from add‑ons like utilities, maintenance, or a share of property taxes. Investors watch base rent because it sets the predictable, recurring income stream that determines a property's immediate cash flow and helps value the asset, while extras and escalations affect total returns and risk.
security deposit financial
"The Company will post an initial security deposit in the amount of $50,000.00"
operating expenses financial
"required to pay Bradford Street certain operating expenses, taxes, and other fees"
Operating expenses are the routine costs a company pays to keep its business running day to day — things like salaries, rent, utilities, office supplies, and marketing. Investors watch them because they reduce the profit available to shareholders and reveal how efficiently a company runs; lower or well-controlled operating expenses (relative to revenue) are like trimming household bills to improve savings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What new lease did Aldeyra Therapeutics (ALDX) sign for its headquarters?
Aldeyra signed an office lease with Bradford Street, L.L.C. for 4,067 square feet at 23 Bradford Street, Concord, Massachusetts, to be used as its corporate headquarters. The lease runs from September 1, 2026 through September 30, 2029 and includes escalating rent.
What is the monthly base rent in Aldeyra Therapeutics (ALDX)’s new HQ lease?
The lease sets an initial monthly base rent of $12,201.00. This base rent increases each year as specified in the lease, and Aldeyra must also pay operating expenses, taxes, and other fees to the landlord, Bradford Street, L.L.C.
How long is the term of Aldeyra Therapeutics (ALDX)’s new office lease?
The lease term runs from September 1, 2026 to September 30, 2029. During this period Aldeyra will occupy about 4,067 square feet at 23 Bradford Street, Concord, Massachusetts, using the premises as its corporate headquarters.
What upfront security deposit is Aldeyra Therapeutics (ALDX) required to post?
Aldeyra is required to post an initial security deposit of $50,000.00. This deposit supports its obligations under the office lease for the Concord, Massachusetts headquarters space, alongside the base rent and responsibility for operating expenses, taxes, and other fees.
What additional costs beyond base rent does Aldeyra Therapeutics (ALDX) owe under the new lease?
In addition to the initial monthly base rent of $12,201.00, Aldeyra must pay operating expenses, taxes, and other fees under the lease terms. The agreement also includes customary covenants covering occupancy, maintenance, and care of the premises.
AI-generated analysis. How Rhea-AI works. Not financial advice.
