ABACUS Asset Management to provide services for 45,000 s/f building
October 4, 2012 - Owners Developers & Managers
ABACUS Asset Management, a leading provider of comprehensive commercial real estate asset management services for owners of small to mid-sized properties throughout New England, has been hired to provide a variety of services for 1550 Soldiers Field Rd.
Located along the Charles River, 1550 Soldiers Field Rd. is a 2-story, 44,800 s/f office building owned by New Realty Trust. The agreement with the building's former single tenant recently expired, and Colliers International has been tapped by ownership to market the property for lease.
1550 Soldiers Field Rd. is located two miles from both exits 17 and 18 off the Mass. Pike, providing access to Downtown, Cambridge and the inner suburbs. The building, which was extensively renovated in 2000, also provides access to Downtown and Rte. 128. The building features both visitor and employee dining areas, ample conference rooms and a large amphitheater meeting area.
Situated on more than an acre of land, 1550 Soldiers Field Rd. has150 parking spaces equaling 3.35 spaces per rentable s/f.
ABACUS Asset Management will provide facilities, property and asset management services for the building.
"ABACUS is thrilled to be involved with 1550 Soldiers Field Road," said Joe Morrison, founder and principal of ABACUS. "The building has a great history of housing high-tech and health care companies, and with the recent announcements related to New Balance's plans to transform this submarket, we feel that the property provides an excellent opportunity for tenants that are seeking a well-located, amenity-rich environment for their employees."
ABACUS Asset Management provides sophisticated and comprehensive commercial real estate asset management services for owners of small to mid-sized office, industrial, retail and multifamily properties throughout New England. Founded in 2011, Boston-based ABACUS Asset Management ensures that property owners realize the maximum value from their investments by evaluating the strengths, weaknesses, opportunities and threats of each asset under management, ABACUS provides unmatched holistic services and measurable results for its clients, solving complex real estate problems with thoughtful planning and efficient execution.