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R.W. Holmes’ 60,000 SF lease with HeartWare Featured In “The Real Reporter”

R.W. Holmes was recently featured in The Real Reporter, a Boston-area “compendium of commercial property & capital news,” distributed in print and digitally. The article discussed a recent transaction at 500 Old Connecticut Path Road in Framingham, MA. The property, which had been vacated by TJX some time ago, has been leased to HeartWare, a manufacturer of cardiac assistance devices.

While still maintaining confidentiality for both parties, Garry Holmes, President of R.W. Holmes, spoke to reporter Joe Clements about the transaction and what it meant for the landlords and HeartWare. Garry stated that HeartWare was relocating from two other Framingham properties to inhabit the new space. They’ll be moving from 30,000 total square feet to 60,000 with a clause that allows for growth to 90,000 square feet. R.W. Holmes has been representing HeartWare since 2007.

“It is a dynamic company and it is best for the area to have them doing so well,” he told Clements. The article then went on to draw parallels between HeartWare and another prominent R.W. Holmes client, MathWorks, a Natick-based software company that R.W. Holmes has helped guide from a garage to a 1,000,000 square foot building over the last two decades.

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