Wearable technology company Whoop is doubling down on its commitment to Boston as it prepares to go public.
:no_upscale():quality(75))
The company is in talks to sign a 107K SF lease that would nearly double its office footprint in the city, Whoop's CEO told Bloomberg. The company plans to expand at Related Beal's 660 Beacon St., adjacent to its headquarters at One Kenmore Square.
If finalized, the lease would be one of the largest in Boston's office market this year.
The expansion comes as Whoop is accelerating its personnel growth with fresh funding.
At the beginning of March, the tech company announced plans to bring on more than 600 employees, spanning technical, scientific, creative and commercial roles. Most of these roles are planned to be based in Boston.
That same month, Whoop raised $575M in Series G funding, bringing its valuation to more than $10B. The company said the financing would "fuel further U.S. growth and international expansion."
The company is now gearing up to go public in about 18 months, Whoop CEO Will Ahmed told Bloomberg.
Whoop is part of the Massachusetts AI Coalition, a group of local investors and companies trying to prop up the state's artificial intelligence ecosystem.
The new lease comes roughly five years after Whoop signed its full-building, 121K SF lease at One Kenmore Square. The company moved into the building roughly three years ago.
The 2021 lease came after Whoop had raised $100M in Series E funding at a valuation of $1.2B.
Related Beal acquired the two properties from Boston University in 2016 for $140M. Development of the first building at One Kenmore began in 2020, with the full project completed in 2025.
The lease is another promising sign for the city's office market, which has been working to absorb large blocks of space to bring down its vacancy rate.
In the second quarter, Boston's net absorption totaled around 800K SF, well above the Q2 2025 total, according to CBRE.
Some of the largest leases over the last 12 months have been by tenants flocking to new office space, including JPMorgan Chase's 250K SF lease at Hines' South Station Tower and Hasbro's 265K SF lease at Samuels & Associates' Lyrik development in the Back Bay.
