News: Front Section
Posted: November 3, 2017
Project of the Month: Integrated Builders completes 135,000 s/f office building at Two Wells Ave. in Newton, Mass.
Newton, MA Integrated Builders has finished a 135,000 s/f office building from the ground-up at Two Wells Ave. The Integrated Builders team included project manager Brian Kidder, assistant project manager Barbara Frazier, project superintendent Craig Ablondi and assistant superintendent Stephen Shinto who collaborated with architect Spagnolo Gisness & Associates, Inc. and landscape designer Radner Design Associates, Inc. The team also included MEP/FP engineers WSP | Parson Brinckerhoff, structural engineers Thorton Tomasetti, and civil engineers Nitsch Engineering. The construction was done on behalf of owner Two Wells Avenue, LLC.
Two Wells Ave. was a 60,000 s/f steel-frame office building that consisted of one-floor and was constructed more than four decades ago.
Integrated Builders’ owner and president Jay Dacey said, “Two Wells Ave. has great bones and we were excited to not only double the size of the building, but also preserve a portion of the existing space which holds a great amount of history.”
The Integrated Builders team commenced site work with the selective demolition of the west corridor to preserve 20,000 s/f of the original building. The firm then built a 115,000 s/f structure that attaches to the existing office area with a 3,162 s/f common corridor. The new offices are three stories high and built with structural steel. Two Wells Ave. boasts a modern exterior design, new utilities, underground storm water filtration, and an extended parking lot. The main entrance area includes a decorative metal ceiling, stone floors and wood accents. In addition, there is a waterfall feature made from granite and glass that reaches two-stories high within the new lobby.
Located close to the Mass. Tpke. and Rte. 128/I-95, Two Wells Ave. provides an ideal destination for commuters. The building is situated near the area’s retail district along Needham St., offering a selection of restaurants, hotels, and retail shops. The Wells Ave. office park has become even more accessible with the completion of the new Kendrick St. exit at Rte. 128/95.
The project team included:
Construction Manager: Integrated Builders
Roofing: RCH Roofing
Structural Steel: Novel Iron Works, Inc.
Drywall & Framing: Metro Walls
HVAC: Tech Mechanical
Misc. Metals: BARNES Buildings & Management Group, Inc.
Tags:
Front Section
MORE FROM Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
.png)
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
