Boston, August 2, 2017 – Colliers International recently announced that it has brought to market 305 Winter Street, a rare five-acre development opportunity in the heart of Waltham with views of the Boston skyline. Located immediately off Route 128 at Exit 27, the existing 31,575-square-foot industrial building is nestled between CityPoint and Hobbs Brook Office Park, surrounded by an impressive roster of neighboring companies, including, but not limited to Wolverine Worldwide, Care.com, ThermoFisher Scientific, Wolters Kluwer, Shire, Dassault Systemes, and Cimpress. Considered the most dynamic and thriving suburban Boston market, Waltham enjoys access to a deep labor pool, drawing from Cambridge, Boston and the suburbs, and benefits from tenant migration since it can offer meaningful rent discounts to the urban cores. Its proximity to Route 2 increasingly makes Waltham an appealing relief valve to life science companies relocating out of Cambridge. Having been owner occupied since the mid-1960s, the offering provides an unusual opportunity to realize the untapped potential of a premier Waltham site through vertical expansion, full redevelopment, etc.
Leaders of Colliers International’s Route 128 Mass Pike team, executive vice president John Carroll III and senior vice president Bill Lynch, in collaboration with the Investment Sales team, are representing ownership in this exciting offering.