News: Front Section
Posted: November 27, 2015
James and Rexinis of NAI Hunneman arrange 28,405 s/f lease for Duffy Properties at 307 Waverly Oaks Road
Steve James, NAI Hunneman
Jason Rexinis, NAI Hunneman
Waltham, MA NAI Hunneman represented Waverley Oaks Park and its owner Duffy Properties in a 28,405 s/f lease with RTI at 307 Waverley Oaks Rd. RTI is relocating from Main St. 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 s/f in transactions taking vacancy in the park from 19% - 11%.
307 Waverley Oaks Road - Waltham, MA“The market continues to be as strong as ever and with tenants looking for more space along Rte. 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 Rte. 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 e.128, Waverley Oaks Park is a 1.2 million s/f office park that includes a corporate headquarters environment, excellent expansion opportunities, established local ownership, efficient floor plans, amazing on site amenities, and abundant parking.
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.
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