News: Front Section
Posted: March 11, 2016
KBS Realty Advisors signs Charles River Analytics to 83,177 s/f lease at 625 Mount Auburn Street
625 Mount Auburn Street - Cambridge, MACambridge, MA KBS Realty Advisors of Newport Beach, California, signed an 83,177 s/f lease with Charles River Analytics at 625 Mount Auburn St. Charles River Analytics is an existing tenant at the property renewing and expanding its existing lease. The company develops custom intelligent systems for government and commercial customers.
CBRE/New England’s Robert Fitzgerald represented KBS Realty Advisors. CBRE/New England’s Curtis Cole represented Charles River Analytics.
625 Mount Auburn St. comprises three floors totaling 136,585 s/f. The property is located in the West Cambridge submarket, 1.25 miles west of Harvard Sq. It has bus access to all the amenities in Harvard Sq., including the MBTA commuter rail line. Easy vehicular access is permitted via Rte. 2 and Fresh Pond Parkway. The nearest Mass. Turnpike interchange is within a five-minute drive from the property.
On-site amenities include a fitness facility, shared conference room and café, and covered parking. The amenities in the surrounding area include several dining, shopping and entertainment options.
“We are very pleased to have worked out a structure with Charles River Analytics’ that will allow it to grow its footprint at the property” said Shannon Hill, senior vice president at KBS. “This lease renewal and expansion further validates the desirability of the property and the West Cambridge market as a whole.”
KBS Realty Advisors is a private equity real estate company and SEC-registered investment advisor founded in 1992. KBS Realty Advisors and its affiliated companies have completed transactional activity of over $31.1 billion via 14 separate accounts, six commingled funds, five sovereign wealth funds and six non-traded REITs.
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