Boston & New England + Boston + Retail | August 18, 2023

Alo Yoga Signs Lease in Back Bay After Lawsuit

Alo Yoga has leased ground-floor space at 149 Newbury St., a new mixed-use building in Boston’s Back Bay area, reported by Boston Business Journal.

This lease comes after a legal dispute between Alo Yoga and the building’s developer, L3 Capital LLC, which was settled earlier this year. Alo Yoga had sued L3 Capital last year, claiming the developer backed out of a lease agreement, but the Massachusetts Land Court sided with L3 in December, stating that the lease was never in effect.

The yoga chain and L3 later made a joint filing notifying the court that the case was over. Alo Yoga’s Newbury Street store is set to open this fall.

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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