BOSTON, MA – HFF announced today that it has arranged an $80 million financing for three Class A, inter-connected suburban office buildings totaling 458,166 square feet within the Reservoir Woods West Campus (top left photo) in Waltham, Massachusetts.
HFF worked exclusively on behalf of the borrower, an affiliate of Davis Marcus Partners, to secure the seven-year, fixed-rate loan through MetLife Real Estate Investments.
The properties are located at 920, 930 and 940 Winter Street, directly off of Route 128/Interstate 95 in Waltham. Renovated in 2006, the buildings are 100 percent leased to six tenants, including Fresenius Medical Care and PerkinElmer. In its entirety,
Reservoir Woods consists of an east and west campus that contains more than 1.2 million square feet of office space situated in a 120-acre, park-like setting with amenities including HealthPoint Wellness Center and shuttle service to the MBTA Red Line at Alewife Station in Cambridge.
The HFF team representing the borrower was led by senior managing director Riaz Cassum (lower right photo), director Lauren O’Neil (lower left photo)and senior real estate analyst Robyn King.
Davis Marcus Partners is a venture between Marcus Partners and The Davis Companies. Its affiliates own and operate a portfolio of real estate in excess of four million square feet and valued at more than $1 billion.
Contact:
KRISTEN MURPHY
HFF Associate Director, Marketing
(713) 852-3500
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