Waltham, MA Hobbs Brook Management LLC has negotiated leases for 47,533 s/f in its office parks in Waltham and Wakefield, Mass. Represented by Wyman Street Advisors, Hobbs Brook recently signed leases with nine new and existing tenant companies spanning industries such as technology, consulting, law, and logistics.
New and existing tenants in Waltham, Mass. include:
• Magenic renewed for five years its lease for 4,053 s/f at 404 Wyman St. The company was represented by Avison Young.
404 Wyman Street - Waltham, MA• Winslow Technology Group, LLC signed a three-year lease extension and 2,336 s/f expansion totaling 4,025 s/f at 303 Wyman St. They were represented by Colliers.
New and existing tenants in Wakefield, Mass. include:
• Front Four Group signed a new three-year lease for 5,565 s/f at 101 Edgewater Dr. and was represented by WSA.
• Knudsen, Burbridge, & Manchur, P.C. renewed their lease for 3,350 s/f at 401 Edgewater Place for five years. The company was represented by Cornerstone Advisory Services.
• Regnante, Sterio & Osborne, LLP renewed their lease for 8,434 s/f at 401 Edgewater Place for five years. The deal was brokered by Michael O’Leary from Cushman & Wakefield.
• Arcadis leased for five years 3,123 s/f at 500 Edgewater Drive. The company was represented by JLL.
• AI Foundry, a Kodak Alaris business, leased 6,093 s/f at 500 Edgewater Dr. for a term of five years. They were brokered by WSA.
101 Edgewater Drive - Wakefield, MA• The Stowe Group signed a five-year lease for 10,039 s/f at 500 Edgewater Dr. The company was represented by Carney & Company.
• Tigers USA Global Logistics signed a five-year lease for 2,851 s/f at 701 Edgewater Dr. The company was represented by Burgess Properties.
“Relationships are the pinnacle of our business, and without the strong levels of trust, loyalty and mutual respect, Hobbs Brook would not be the high-quality company it is known to be,” said Patricia Holland, real estate manager in Hobbs Brook’s leasing division. “We are thrilled these tenants chose to relocate with us, renew their leases, or expand within our parks as their companies continue to enjoy growth and success. We wish them the best of luck and are happy to be part of their respective strategies.”
Because the most valuable thing they develop is a relationship, Hobbs Brook Management focuses its efforts on satisfying the individual needs of customers that lease within their parks. A service-oriented provider of Class A business solutions to companies large and small,Hobbs Brook builds sustainably, maintains an on-site facilities management staff, and develops or renovates projects for energy efficiency, LEED certification, and the preservation of the local environment. With portfolios in Massachusetts, Rhode Island, Georgia and Illinois,Hobbs Brook offers competitive amenities, on-site catering and dining facilities, fitness centers, and a full-service conference center available to tenants and the public. Hobbs Brook enjoys a steady occupancy rate in the 90th percentile, and holds firm to the belief that tenants should feel secure, well-balanced and prevalent at work.