101 Station Drive - Westwood, MAWestwood, MA According to Cushman & Wakefield, PI Worldwide leased 21,324 s/f at 101 Station Dr. Cushman & Wakefield executive vice president Michael Frisoli, director Matthew Morgan and executive vice president J.R. McDonald represented the landlord, a partnership between National Development, New England Development and Eastern Real Estate, and brokered the transaction. The tenant was represented by Thompson Hennessey & Partners’ principal Rick Robinson and partner Chris McMahon.
PI Worldwide signed a ten-year lease for the property’s second floor. The firm will relocate to 101 Station Dr. from its current office space in Wellesley Hills with expected occupancy by December.
“We are looking forward to having a world-class company like PI Worldwide at 101 Station Dr.,” said Morgan. “They will bring a dynamic energy to the building which we are all excited about.”
101 Station Drive’s ownership is investing substantial capital into the building, a 208,134 s/f, three-story office property located in University Station and within walking distance of the Rte. 128 MBTA commuter rail/Amtrak station and seven restaurants. The building features high ceilings, extensive parking, a new state-of-the-art fitness center, modern new café, active collaborative outdoor seating and excellent access to I-95/Rte. 128.
“Extensive renovations have made 101 Station Drive an integral part of the surrounding work-live-play community,”said Leah Harsfield, vice president of National Development. “We’re thrilled to add PI Worldwide to the roster of businesses at this state-of-the-art office space.”
Cushman & Wakefield is a global leader in commercial real estate services, helping clients transform the way people work, shop, and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenues of $5 billion across core services of agency leasing, asset services, capital markets, facilities services (branded C&W Services), global occupier services, investment management (branded DTZ Investors), tenant representation, and valuations & advisory.
