Murphy PC Advises Yoga Studio in Lease Transaction

September 5, 2024-Murphy PC represented the owner of a yoga and fitness studio in the negotiation of a new lease agreement in its existing location in Boston, Massachusetts addressing legal issues, including the landlord’s recent conversion of the building to a condominium, pass-through expenses, repair and insurance responsibilities, and maintenance contracts.

Our client has built a strong community serving its neighborhood for over 10 years, helping clients achieve their physical and mental goals through personal training, Pilates, spinning, yoga, and group exercise instruction, and contributing to the mindfulness movement industry in the US, which is a $12.7 billion industry according to the Global Wellness Institute.

Murphy PC is a law firm based in Boston, Massachusetts providing legal services to developers, entrepreneurs, investors, and lenders in real estate and business transactions, including project development, acquisitions and sales, joint ventures, construction contracts, financing, leasing, and title insurance in residential, mixed-use, condominium, multi-family, office, retail, education, industrial, hotel, retail and restaurant transactions.

News & Insights

Federal Legislation Incentives for CRE in 2025

August 25, 2025 | Author:  David J. Murphy Several sweeping changes have arrived for commercial real estate (CRE) investors, developers, and property owners following the July 4, 2025 enactment of the “One Big Beautiful Bill Act” (OBBBA). This federal legislation, together with the 2025 budget...

Addressing Tenant Alterations in Commercial Lease Negotiations: A Landlord’s Perspective on Silent Lease Issues

August 24, 2025 | Author:  David J. Murphy Alterations are among the most important aspects of commercial lease negotiations. While tenants may seek flexibility to adapt leased premises for their operational needs, landlords are equally concerned with preserving the value, structural integrity, and appearance of...

Key Contract Considerations in AIA A101-2017: An Owner’s Perspective

August 23, 2025 | Author:  David J. Murphy The AIA A101-2017 Standard Form of Agreement Between Owner and Contractor represents the most widely adopted construction contract framework in the United States. Developed through decades of industry collaboration, these documents provide a comprehensive structure for construction...