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Newmark Grubb Knight Frank (NGKF) is pleased to announce that Drew Nelson and Dan Krysiak, Senior Managing Directors in the company’s Boston office, recently completed leases totaling 142,000 square feet at University Office Park in Waltham, Massachusetts on behalf of their client; Equus Capital Partners.
“Tenants are impressed with the capital investment Equus is making in the property including the recently completed lobby renovations. Other improvements currently underway consist of elevator modernization, upgrades to the restrooms, fitness center renovations and exterior signage replacement” said Krysiak. “The property is well situated, providing Tenants with a strategic combination of public transportation via the MBTA commuter rail which stops at the buildings’ front door, and easy vehicle access to The Mass Pike and Route 95” commented Nelson.
Recent transactions completed by Nelson and Krysiak at University Office Park include an expansion for an existing tenant and several new leases and renewals for Brandeis University, Rodman & Rodman PC, Commonwealth Financial Network, Walden Behavioral, Epoch Senior Living ,Lincoln Investment, Fortress Biotech and International Planning & Research.
2 and 3 University Office Park consists of 288,127 square feet of office space in two, six-story Class A buildings that boast views of the Boston skyline. The buildings are uniquely situated adjacent to the MBTA Commuter Rail stop, offering convenient access to Downtown Boston and several neighborhood restaurants. In addition, the buildings are supported by on-site property management and are served by a full service cafeteria as well as a fitness center that includes a locker room and showers.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 12,800 professionals operate from more than 370 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.