News: Owners Developers & Managers

Wilcox of Bulfinch and McKinnon of Grossman Cos. lease 40,625 s/f

According to The Bulfinch Cos., Inc., a Needham-based real estate investment and development firm, it has repositioned, renovated and leased the entire 40,625 s/f premises known as Waltham Tech Center at 60 First Ave., to the New England Organ Bank (NEOB) for its new headquarters. Waltham Tech Center, a single story building located off of Rte. 128 via exit 27 with abundant surface parking, has been completely renovated into an office, lab and operating facility tailored to New England Organ Bank's unique set of needs. The New England Organ Bank is one of the oldest independent organ procurement organizations (OPO) in the country. It is the federally-designated OPO for all or part of the six New England states, as well as Bermuda. The NEOB serves 12 transplant centers, with the combined capacity to perform all types of organ transplantation. Michael Wilcox, Bulfinch's director of leasing, said, "We are pleased that NEOB selected Waltham Tech Center for its new headquarters. The building presented NEOB with the unique opportunity to combine office, lab and medical space under the same facility, along with the benefit of immediate access to Rte. 128/95." Richard McKinnon of The Grossman Cos. represented New England Organ Bank in the transaction and Wilcox represented the landlord. Bulfinch is an entrepreneurial, value-added real estate investment firm specializing in the development, acquisition, management, and repositioning of commercial properties in greater Boston. Since its inception in 1936, Bulfinch has developed, acquired and repositioned in excess of $1 billion in commercial real estate.
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