PRTM Management Consultants, Inc. provides management consulting services for major industries and public sector companies worldwide. It specializes in providing operational strategy, product and service innovation, supply chain innovation, customer experience management innovation, enterprise co-creation consulting, and performance measurement services in the areas of acquisitions and alliances, asset utilization, breakthrough products, cost structure, customer loyalty, global presence, operational clock speed, organizational and regulatory change, sustainability, and top-line growth. The company serves customers in aerospace and defense, automotive, chemicals and processing, consumer goods...
77 Fourth Avenue
Waltham, MA 02451
Founded in 1976
Care.com, Inc. Enters into Agreement of Sublease with PriceWaterhouseCoopers PRTM Management Consultants, Llc
Aug 4 14
On July 28, 2014, Care.com Inc. entered into an Agreement of Sublease with PriceWaterhouseCoopers PRTM Management Consultants, LLC (PWC) pursuant to which the Company has agreed to lease the Fifth Floor Space. Subject to certain conditions, the sublease shall commence on January 1, 2015 and shall expire on March 30, 2019, after which the Fifth Floor Space will be leased by the Company pursuant to the Lease Agreement as described above. The base rent shall be $956,802 for the 2015 calendar year, $992,976 for the 2016 calendar year, $1,029,150 for the 2017 calendar year, $1,065,324 for the 2018 calendar year, and $275,375 for the period of January 1, 2019 through March 30, 2019. In addition to the base rent, the Company also will be required to pay its pro rata share of any building operating expenses and real estate taxes in excess of the amounts allocable to the leased space as of the applicable base years referenced in the PWC Lease Agreement. Under the PWC Sublease Agreement, the Company is required to provide a letter of credit in the amount of $239,200, which is subject to reduction on or about January 1, 2016 upon the occurrence of certain conditions. Pursuant to the terms of the PWC Sublease Agreement, except as otherwise specifically set in such agreement, the Company also is subject to the terms of the lease agreement between BP Fourth Avenue, LLC and PWC as it relates to the subleased space.