Posted: May 24, 2012
CBRE/NE facilitates over 113,641 s/f of transactions at CambridgePark Drive
On behalf of Equity Office, one of Boston's largest commercial landlords offering class A space, CBRE/New England has facilitated nine leases at 125 & 150 CambridgePark Dr. Between new deals and renewals, 113,641 s/f of leasing has been brought to the amenity-rich campus this year. These deals include: Vertica Systems, owned by Hewlett Packard (new 48,000 s/f), Whole Foods (renewal & expansion 33,172 s/f), Voxware (renewal 8,326 s/f), Keystone (new 6,896 s/f), Thomson Reuters (renewal & expansion 4,692 s/f), Shopximity (new 4,654 s/f), Penton Media (new 3,804 s/f), Vanu (new 2,079 s/f), and Shack Foods (new 2,018 s/f).
"125 & 150 CambridgePark Dr., owned by Equity Office, is an institutional-quality asset charged with rapidly changing the perception of West Cambridge for the better. The properties have experienced robust activity from all submarkets and in particular East Cambridge," said CBRE/New England's Chuck Kavoogian. "Equity Office has succeeded in creating an exciting and innovative campus destination with numerous amenities that have been well received by prospective tenants and the brokerage community."
As exclusive leasing agent for the office park, CBRE/NE's Kavoogian, senior vice president/partner, and Adam Brinch, associate, represented the landlord, Equity Office. 125 & 150 CambridgePark Drive are two class A office buildings comprised of 438,821 s/f located on a 16.36-acre site. The asset is ideally situated in West Cambridge between two of Greater Boston's strongest rental markets, Waltham and East Cambridge.
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