Berkeley Invs. executes 3,284 s/f lease at the Watch Factory

Boston-based Berkeley Investments, Inc. has executed a lease for 3,284 s/f on the fourth floor of Phase 1 of Watch Factory Offices with Rogaris Law Office. Rogaris Law Office focuses on residential real estate and estate planning law. Rogaris Law Office is moving its offices from 411 Waverly Oaks Rd. According to John Rogaris, owner of Rogaris Law Office, the decision to move was based on a few reasons: "Our office is thrilled to be moving to the Waltham Watch Factory. The building has a unique combination of old world charm and the luxury of modern amenities. With interior brick walls and wood beam ceilings, the office spaces are exceptional. When you consider the state of the art gym, luxurious indoor and outdoor common areas and courtyards, on-site café, and scenic views of the Charles River, it was clear that there is no building that can offer this combination in the area. Further, the management team at Berkeley Investments has been tremendous in accommodating our office needs and has been extremely generous in building out a truly first class office space." Opening in 1854 and operating at the site for over a century, the Waltham Watch Company became the first watch manufacturer in the world to mass produce a complete watch under one roof and make quality watches affordable to a broader population. Berkeley Investments, Inc. is now transforming the 400,000 s/f historic complex into a vibrant mix of offices, loft-style apartments and retail uses with riverfront amenities. Phase 1 consists of 160,000 s/f of newly renovated brick-and-beam office space, which is now 28% leased. Phase 2 of the project will provide 96 loft style apartments, a café and a restaurant. Construction is expected to begin in the spring 2010 and be completed in the spring of 2011