Boston, August 2, 2017 – Colliers International recently announced that it has brought to market 305 Winter Street, a rare five-acre development opportunity in the heart of Waltham with views of the Boston skyline. Located immediately off Route 128 at Exit 27, the existing 31,575-square-foot industrial building is nestled between CityPoint and Hobbs Brook Office Park, surrounded by an impressive roster of neighboring companies, including, but not limited to Wolverine Worldwide, Care.com, ThermoFisher Scientific, Wolters Kluwer, Shire, Dassault Systemes, and Cimpress. Considered the most dynamic and thriving suburban Boston market, Waltham enjoys access to a deep labor pool, drawing from Cambridge, Boston and the suburbs, and benefits from tenant migration since it can offer meaningful rent discounts to the urban cores. Its proximity to Route 2 increasingly makes Waltham an appealing relief valve to life science companies relocating out of Cambridge. Having been owner occupied since the mid-1960s, the offering provides an unusual opportunity to realize the untapped potential of a premier Waltham site through vertical expansion, full redevelopment, etc.
Leaders of Colliers International’s Route 128 Mass Pike team, executive vice president John Carroll III and senior vice president Bill Lynch, in collaboration with the Investment Sales team, are representing ownership in this exciting offering.
About Colliers International Group:
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIGI is an industry leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
For further information, please contact:Christine Comey Lewis
InkHouse for Colliers International, Boston