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Posted In: News, Community, Press Releases

Hobbs Brook Management Signs Three Massachusetts Leases

By on Nov. 02, 2016

26,000 RSF leased to new and existing tenants in Waltham and Wakefield

WALTHAM, Mass. – November 2, 2016 Hobbs Brook Management LLC, a commercial property management and development firm specializing in leasing, construction and development of Class A office space, announced today that it has successfully negotiated leases for 26,000 RSF in its office parks in Waltham and Wakefield, Mass.

“We continually strive to deliver superior customer service in high-quality office environments to build trusting relationships with our tenants,” said Patricia Holland, real estate manager in Hobbs Brook’s leasing division. “Hobbs Brook is delighted to continue our relationship with an existing tenant and welcome two new tenants. Our commitment to excellence, both in our Class A offices built with sustainability in mind and in our dedication to our tenants, remains our top priority as we continue to grow our portfolio.”

New Tenants

  • Care Dimensions, a non-profit hospice and palliative care provider, signed a five-year lease for 10,016 square feet at 333 Wyman Street in Waltham, Mass. Care Dimensions was represented by John Dolan at McCall & Almy and Bob Borgman of Wyman Street Advisors was the broker for Hobbs Brook Management.
  • Thrive Skilled Pediatric Care, an in-home clinical care provider dedicated to bringing high quality clinical home care to medically fragile children so they can grow and flourish to their full potential, has signed a new five-year lease for 3,035 RSF at 500 Edgewater in Wakefield, Mass. Bob Borgman from Wyman Street Advisors represented both Thrive Skilled Pediatric Care and Hobbs Brook Management.

Lease Renewals/Extensions

  • Regus, the world’s largest provider of convenient, high-quality, fully serviced workspace, has expanded its lease by 3,200 RSF to over 13,000 RSF at 301 Edgewater in Wakefield, Mass. Chip Batchelder at Wyman Street Advisors represented Regus and Hobbs Brook Management for this renewal.

About Hobbs Brook Management LLC
Because the most valuable thing they develop is a relationship, Hobbs Brook Management focuses its efforts on satisfying the individual needs of customers that lease within their parks. A service-oriented provider of Class A business solutions to companies large and small, Hobbs Brook builds sustainably, maintains an on-site facilities management staff, and develops or renovates projects for energy efficiency, LEED certification, and the preservation of the local environment. With portfolios in Massachusetts, Rhode Island, Georgia and Illinois, Hobbs Brook offers competitive amenities, on-site catering and dining facilities, fitness centers, and a full-service conference center available to tenants and the public. Hobbs Brook enjoys a steady occupancy rate in the 90th percentile, and holds firm to the belief that tenants should feel secure, well-balanced and prevalent at work. For leasing options or additional information, please visit www.hobbsbrook.com.

Media Contact:
Susan Shelby, FSMPS, CPSM
Rhino Public Relations
978.985.4541
hbm@rhinopr.com



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