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NAI Hunneman’s Urban Advisory Group Brokers 8,487 SF Sublease at 51 Sleeper Street

06/29/2017

Evans & Davis represents Neurala in move from incubator space to new office headquarters in the Innovation District

NAI Hunneman recently completed a three-year, 8,487 SF sublease transaction with Neurala. The artificial intelligence software company is moving from Boston University’s Photonics Center to its first corporate offices at 51 Sleeper Street.

NAI Hunneman Urban Advisory Group members Peter Evans and Matthew Davis represented Neurala in the transaction, while Ben Sutton of Newmark Knight Frank represented the sub-landlord.

“51 Sleeper Street is a first-class building that gives Neurala move-in ready space with longer-term flexibility in one of Boston’s core markets for emerging technology companies,” said Evans.

“NAI Hunneman’s Urban Advisory Group provided our firm with a fully transparent view and tour of multiple markets from the Back Bay to the Seaport,” said Neurala CEO Massimiliano Versace. “Their market insight and research were essential in finding us the ideal space that would allow us to grow and recruit key talent.”

About Neurala

Neurala, Inc. (http://www.neurala.com) is a software company that developed The Neurala Brain—deep learning neural network software that makes smart products like robots, drones, toys, self-driving cars and smart cameras more autonomous, engaging and useful. Neurala provides off-the-shelf and customized solutions ranging from high-end applications to inexpensive everyday consumer products. With the Neurala Brains for Bots Software Development Kit (SDK) and an ordinary camera, products can learn people and objects, recognize them in a video stream, find them in the video and track them as they move. The Neurala Brain is based on technology originally developed for NASA and the U.S. Air Force. Current customers include Motorola Solutions, Parrot and Teal Drones. Follow Neurala on Twitter at @Neurala and on Facebook, YouTube, and LinkedIn.

NAI Hunneman’s Urban Advisory Group

NAI Hunneman’s Urban Advisory Group is focused on providing landlords and tenants with the highest level of innovative real estate solutions focused on Boston’s core urban markets as well as its immediate inner suburban ring. The Urban Advisory Group consists of Peter Evans, Brooke Blue, Colin Gordon, Matthew Davis & Maxwell Pawk.

NAI Hunneman:

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member of NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 7,000 professionals and 400 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit www.naihunneman.com.

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