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Knowledge Park Sees Activity During COVID Period

Leasing activity remains strong at Knowledge Park in Marlborough. CB Equities and R.W. Holmes executed a lease with a new tenant, and saw several other companies renew/expand within the park. Expertek Systems leased 3,300 in 4 Knowledge Park. This deal was represented by Garret Quinn of SVN. R.W. Holmes also negotiated lease renewals with RE/MAX and Boston Byte. Additionally, Northern Benefits Management has also expanded and extended the term of their lease at Knowledge Park.  

“Companies are looking for safe, clean atmospheres for their employees to return to the office,” said Principal of Property Management Bob Macnamara. “We have taken additional steps to open our Club Room and Starbucks Coffee Station, patio, and community conference rooms affording employees the opportunity to feel comfortable with plenty of open space and additional high touch cleaning.” John Conley, co-owner of CB Equities, added “We set up Knowledge Park for flexibility, and we are able to work with all tenant sizes as their needs change.”

While most parks seem to be quiet, Knowledge Park has kept busy in each of its 3 buildings. “The activity level of employees coming and going has seemed to increase weekly,” said Jim Bartholomew of R.W. Holmes. “In comparison to other properties around, Knowledge Park has shown a solid vibrancy.

About R.W. Holmes Realty

Since 1976 R.W. Holmes Realty has assisted corporations and investor/developers with their local, national, and international real estate needs. R.W. Holmes specializes in property leasing, investment sales, tenant representation, consulting and asset management.

Noteworthy Transactions

Albemarle Gardens, a 112-unit multifamily community in Newton, MA, sold for $29,550,000

Mattress Firm expands in Massachusetts with a 142,000 SF lease in Franklin

Boston Dynamics and SnapDragon Chemistry take 75,000 SF of lab/R&D space in Waltham Research Park 214,356 square feet making Waltham Research Park 100% leased

R.W. Holmes represents MathWorks in the $16.7M, 107,000 SF acquisition of Cochituate Place, Natick

R.W. Holmes takes 55% leased 130,000 SF Class A Office building to 95% leased at 55 Old Bedford Rd in Lincoln for owner Real Capital Solutions, Denver

R.W. Holmes fully leases a 67,000-square-foot new spec industrial building at 50 Ryan Drive, Raynham, before completion

R.W. Holmes represents The MathWorks in Los Angeles, Maryland, and Michigan expansions

Sold 2 & 3 Apple Hill, Natick for Met Life $50,000,000

R.W. Holmes Realty represents Coca-Cola in securing a new 90,000 SF building in Westborough

Sold 403 acres of land for Alstores Realty Corporation to Paramount Development (subsidiary Perini Corp.) which was developed as the Raynham Woods Commerce Center