BOSTON, MA – HFF announced it has arranged financing for Newton Wellesley Executive Office Park (top left photo), a four-building, suburban office park totaling 130,000 square feet in Wellesley, Massachusetts.
HFF worked exclusively on behalf of Newton Wellesley Executive Office Park LLC, an affiliate of The Nelson Companies, to secure the 10-year, fixed-rate loan through Principal Global Investors.
Newton Wellesley Executive Office Park is 100 percent leased overall to 25 tenants in the high technology, legal, financial, professional and personnel service industries.
The properties are located in Wellesley at 40, 60, 62 and 70 Walnut Street near the intersection of Route 16 and Route 128/Interstate 95 approximately 13 miles west of downtown Boston.
The HFF team representing the borrower was led by director Lauren O’Neil (lower right photo) and senior real estate analyst Robyn King.
For a complete copy of the company’s news release, please contact:
LAUREN O’NEIL
HFF Director
(617) 338-0990
MYRA F. MOREN
HFF Director, Marketing
(713) 852-3500
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