Creative Media & Community Trust Corporation $(CMCT)$ has announced the execution of an approximately 11-year lease with Boston Scientific Corporation for a 30,821-square-foot building at the Penn Field Campus in Austin, Texas. This lease encompasses an entire one-story building at the 228,000-square-foot creative office campus, located in the "SoCo" Business District. Originally developed in 1918 as a U.S. Army air base, Penn Field has been transformed into a modern mixed-use property. The campus, home to a variety of technology, media, and entertainment companies, is now 93% leased as of August 2025. The transaction was facilitated by AQUILA Commercial in partnership with CIM Group's in-house leasing team.
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