News: Front Section
Posted: October 29, 2009
Elcock and Demakes of Colliers Meredith & Grew execute 31,140 s/f lease in Waltham
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP, a leading law firm for entrepreneurs, emerging growth companies and venture capitalists, has executed a new 31,140 s/f lease to relocate its New England headquarters from 610 Lincoln St. to 850 Winter St. The move will occur in January 2010.
Colliers Meredith & Grew's James Elcock and Elias Demakes represented Gunderson Dettmer in the transaction. Andrew Majewski of CB Richard Ellis New England represented the landlord, Davis Marcus Partners. Specifics of the lease transaction were not disclosed.
"It is an ideal move for Gunderson Dettmer," said Elcock. "The firm will relocate to the newest building in the marketplace with on-site amenities such as food service, fitness, underground parking and immediate adjacency to Health Point gym while simultaneously enjoying the benefits of a campus setting."
Built in 2008, 850 Winter St. is a LEED-certified, three-story, 180,000 s/f class A office and research building located in the prestigious Reservoir Woods office park. Earlier this year, Alkermes, Inc. unveiled plans to relocate its 115,000 s/f corporate headquarters to 850 Winter St. from 88 Sidney St. in Cambridge in early 2010. Alkermes, Inc. was represented by Colliers Meredith & Grew's Joseph Flaherty in the transaction.
Colliers Meredith & Grew is a Boston-based commercial real estate company with integrated service groups including Brokerage, Capital Markets, Counseling & Valuation, Development & Advisory, Investment Sales, and Property & Asset Management. In addition to representing its core clients in New England, Colliers Meredith & Grew provides national and international real estate services to its multi-market clients as a member of Colliers International and as an owner/member of Strategic Alliance Mortgage LLC (SAM). Colliers International is a worldwide affiliation of independently owned and operated companies in more than 290 offices in 61 countries. For more information about Colliers Meredith & Grew, visit www.colliersmg.com
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