Newly-renovated office project steps away from thriving downtown Waltham serves as tech hub with an urban feel
WALTHAM, May 7, 2019 – Cushman & Wakefield is proud to represent building owner, The Davis Companies, as the exclusive leasing agent for Cityside, a Class A office destination on the urban side of Waltham. After acquiring the project, The Davis Companies embarked on a $14 million re-positioning.
As companies compete for talent who want walkable environments with access to public transportation and a wide variety of amenities, Cityside is one of the most desirable options in Waltham. The building has been re-designed to include a centralized amenity hub that features a stunning new eatery with an acclaimed private chef, a 2-story state-of-the-art fitness center, and an expansive outdoor patio and green space perfect for hosting company gatherings, dining with colleagues or enjoying the fresh air. Located within 3 minutes of Moody Street’s Restaurant Row, where unique food and fun are clustered, Cityside is more connected and more energized than any other Waltham office option.
“It’s very clear that users today want world-class restaurants, terrific hotels, and the ability to have high-performance workspace in close proximity to transportation hubs” said John Boyle, Vice Chairman at Cushman & Wakefield. “US 95 sits less than 900 yards from this newly renovated asset, while at the same time the building sits 1,000 yards from some of the best restaurants you will find anywhere. That’s a powerful combination.”
Cityside is on the “connected” side of Waltham, meaning it is able to take advantage of the neighborhood’s 22 restaurants such as The Backroom, Bistro 781, Tempo, and Solea Restaurant Tapas Bar to name a few. It means having easy access to convenience retail like 8 banks, 2 supermarkets, multiple dry cleaners, pet food stores, and numerous drug stores all within a 10-minute walk from Cityside. Connected also means having multiple “ways” to access Route 128 and the Mass Pike. It means having a Boston express MBTA bus stop at your front door and a commuter rail station just a short walk away.
“The Cushman & Wakefield team embodies the project’s energy and heralds the value proposition for today’s tenants. They recognize the benefits of urbanization as demonstrated by their work at The District in Burlington. Today’s experience is less about serene settings and more about street lights, sidewalks, and authentic connections to vibrant communities. The team lights up when they talk about the unique benefits of this location. Their enthusiasm matches ours and we look forward to working with them.” said Patrick Kimble, Associate Asset Manager at The Davis Companies.
With a total of 300,000 SF combined between two buildings, the project currently has 130,000 SF available for lease. Moving from the west side of Waltham to Cityside is the technology firm TMP Worldwide and biotech investment agency Massachusetts Life Sciences Center which together recently leased 20,000 RSF.
About The Davis Companies
The Davis Companies is an integrated real estate investment, development and management firm headquartered in Boston that has invested more than $6.2 billion in gross asset value through real estate equity, debt and fixed-income securities. A combination of capital markets, development and management expertise allows The Davis Companies to nimbly tackle complex opportunities. Directly, and with its valued partners, The Davis Companies currently owns a real estate portfolio of approximately 10.2 million square feet of office, retail, hospitality, light industrial, healthcare and life science properties and approximately 5,000 residential units across the Eastern United States. For further information, visit www.thedaviscompanies.com.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.