OfficeModified Gross

Bicara Therapeutics Expansion

Lextract extracted 126 fields from Bicara Therapeutics' office expansion amendment: dual-premises RSF calculation, blended rent, and separate commencement dates.

By Angel Campa, Founder · Updated March 2026

Location

Boston, MA

Size

9,300 RSF

Annual Rent

$558K/yr

Term

48 months

Tenant

Bicara Therapeutics

Landlord

ARE-MA Region No. 54

The Challenge

This expansion amendment doubles the tenant's footprint from 4,600 to 9,300 RSF. Extracting the correct square footage requires distinguishing between the original premises, the expansion space, and the combined total. Rent is stated per-square-foot for the expansion space only, requiring calculation of the blended total rent.

How Lextract Handled It

Lextract correctly identified the expansion space (4,654 RSF) and the original premises (4,646 RSF), computed the combined 9,300 RSF total, and extracted the blended annual rent. The per-RSF rate for the expansion space was extracted and the effective commencement date for the expansion was separately tracked.

126

Fields Extracted

Under 3 minutes

Extraction Time

Extracted Highlights

FieldExtracted Value
Original Premises4,646 RSF
Expansion Space4,654 RSF
Total RSF9,300 RSF
Annual Rent (expansion)$120/RSF
Expansion CommencementJanuary 1, 2023
Tenant Improvement Allowance$60/RSF on expansion

Complexity Factors

  • Dual-premises structure (original + expansion)
  • Blended rent calculation required
  • Different commencement dates for each premises
  • TI allowance scoped to expansion space only

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Frequently Asked Questions

How does Lextract handle premises that have multiple components with different effective dates?

Lextract extracts each premises component separately, capturing the RSF, rent, and commencement date for each component, then computes the total combined premises and a weighted average rent.

What fields are most important to verify in an expansion amendment?

The most critical fields are: combined total RSF, per-RSF rent for the expansion space, expansion commencement date, updated pro rata share, and any changes to the TI allowance or security deposit.

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