TransMedics stock jumps as SEC filing details $23.9 million-a-year lease for new Massachusetts HQ
TransMedics shares rose about 8% Tuesday after the company disclosed a lease for nearly 498,000 square feet in Somerville, Massachusetts, to serve as its new global headquarters. The lease begins in early 2028 with base rent starting at $23.9 million per year and an $18 million security deposit. The stock touched $151.70 before closing at $145.68. State and local incentives could total up to $18 million if hiring targets are met.
