News: Owners Developers & Managers

Roth, Gould, Malatesta and Daly of NKF handle 55,000 s/f in leases

100 Worcester Street - Wellesley, MA

Wellesley, MA Newmark Knight Frank (NKF) completed three new leases to Morgan Stanley, Wellesley Bank and Global Advanced Metals totaling 55,000 s/f at Park 9, located at 100 - 112 Worcester St. NKF executive managing directors Mark Roth and Debra Gould, and managing directors Matt Malatesta and Brendan Daly, represented the property owner, Sun Life Financial in procuring the tenants.

Park 9 is a class A, four-building, 380,000 s/f office park. With access to Rte. 9 and I-95, the property features an amenity-rich campus, dual highway visibility, 1,000 covered parking spaces and high efficiency floorplates. Ownership’s recent investment in Park 9 include capital improvements such as a new façade at the 100 Worcester St. building, new café with a Starbucks barista, a personalized training gym run by Tilt Fitness, as well as an interactive lounge area, an outdoor central courtyard and walking trails.

Mark Roth, NKF

 

Debra Gould, NKF

 

Matt Malatesta, NKF

 

Brendan Daly, NKF

 

The investment banking and financial services firm, Morgan Stanley, will be leasing 40,000 s/f at 112 Worcester St. In addition, Wellesley Bank will be leasing 11,000 s/f at 100 Worcester Street. Lastly, Global Advanced Metals, a leading supplier of tantalum products, will be leasing 5,000 s/f at 100 Worcester St. 

Alex Dauria of JLL represented Morgan Stanley, Garry Holmes of RW Holmes Realty Co. represented Wellesley Bank and Neil Ross and Brian Morrissey of JLL represented Global Advanced Metals.

“We are pleased to have these three great companies join Sun Life Financial at Park 9,” said Tom Pedulla, executive vice president at Bentall Kennedy, a Sun Life Investment Management company. “Park 9’s superior location, new amenities and connection to public transportation really resonates with employers. We will continue our efforts to lease the remaining space at Park 9.”

Park 9 is located adjacent to the intersection of Rte. 9 and I-95 and close to the Mass Pike. It is also situated close to a variety of restaurants and hotels.

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