Hobbs Brook Management adds 335,000 s/f to office building portfolio

March 03, 2010 - Owners Developers & Managers

301 and 401 Edgewater Place - Waltham, MA

Hobbs Brook Management LLC recently purchased 301 and 401 Edgewater Place. The buildings, totaling 335,000 s/f, are located within Edgewater Office Park.
Hobbs Brook, which owns 601 and 701 Edgewater Dr. in the same office park, purchased the properties in order to strengthen its market share in suburban Boston.
This purchase of 301 and 401 Edgewater Place increases Hobbs Brook Management's property holdings in Wakefield to four buildings. A unique attribute, Hobbs Brook Management is a full-service, on-site management firm providing tenants with immediate responses to service requests and emergency needs, resulting in faster issue resolution. Hobbs Brook Management's established a customer support team specifically to respond quickly and effectively to any and all concerns.
Thomas Dusel, CPA, CPM, president and chief operating officer of Hobbs Brook Management said, "We've been in the business of property ownership and management for nearly 60 years and we are proud to provide our tenants with state-of-the-art security, convenient amenities and top-notch dining services."
Building 301 consists of four levels, parking for 284 cars, and 16 acres of land. Slightly larger, Building 401 is 6 stories tall with a full-height glass atrium, has parking for 889 cars, and is located on 35 acres.

The buildings, which consist of polished granite exterior walls and ribbon windows, are surrounded by 1,500 acres of conservation land, offer ample surface and structure parking and feature a fitness center, on-site management, and cafeteria facilities. About Hobbs Brook Management LLC
As both owner and operator, Hobbs Brook Management LLC is committed to providing its tenants and their employees with a reliable and fully functional business environment. For leasing information, please visit www.hobbsbrook.com.
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