2025 Year in Review: Kerry Hawkins, Hobbs Brook Real Estate

Looking back at 2025, what deal, project, or key moment best reflected the direction of the New England CRE market this year? Hobbs Brook’s 320,000 s/f lease renewal with Dassault Systèmes at its Waltham, Massachusetts campus was a defining moment for the suburban office market in 2025. The renewal, the largest suburban Boston office lease since 2020 and the second-largest in the state, signals renewed confidence in high-quality, amenity-rich campus environments. It reflects a broader flight to quality and long-term commitment from companies prioritizing collaboration, culture, and long-term partnership.