Datavault AI Inc. has entered into a lease agreement with Commerce Square Partners - Philadelphia Plaza, L.P. Under the agreement, Datavault AI Inc. will lease approximately 23,037 rentable square feet on the 24th floor of 2005 Market Street, Philadelphia, Pennsylvania. The initial term of the lease is 60 months, with monthly rent starting at approximately $48,000 and increasing by about 2.5% during each rent period. In addition to rent, the company will be responsible for utilities and operating expenses, including maintenance, operations, repairs, replacements, and taxes.
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