NAI Hunneman’s Leasing & Advisory Services Team Represents Waverley Oaks Park in Transaction with RTI
28,405 SF lease with leading research institute, is the latest in 76,000 SF of leases completed since the beginning of 2015
BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently represented Waverley Oaks Park and its owner Duffy properties in a 28,405 SF lease with RTI at 307 Waverley Oaks Road. RTI is relocating from Main Street in Waltham and chose the park as its long-term space solution
Executive Vice President/Principal Steve James, assisted by Senior Associate Jason Rexinis represented Duffy Properties while RTI was represented by Doug Adamian, Senior Managing Director at Boston Realty Advisors.
The transaction with RTI is the latest in a flurry of activity at Waverley Oaks Park. Since the beginning of 2015 the NAI Hunneman team has completed 76,248 SF in transactions taking vacancy in the park from 19% - 11%.
“The market continues to be as strong as ever and with tenants looking for more space along route 128, Waverley Oaks Office Park provides them with first class amenities, strong family ownership and the ability to grow with ease,” said James. “Rents in Waltham continue to rise and Waverley Oaks is more affordable than buildings along route 128. Duffy Properties is very pleasant to work with giving our tenants a higher comfort level with their space both in the short- and long-term.”
Located just minutes from Rt 128, Waverley Oaks Park is a 1,200,000 square foot office park that includes a corporate headquarters environment, excellent expansion opportunities, established local ownership, efficient floor plans, amazing on site amenities, and abundant parking.
About NAI Hunneman:
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit www.naihunneman.com