5 & 130 Turner Street

Waltham, MA 02453

Investment Type:

Value-Add

Asset Class:

Office

RSF:

274,121

Acquired:

12/29/2017

Leasing Contact: Matt Malatesta, Newmark Knight Frank, MMalatesta@ngkf.com

Acquired by Jumbo Capital in December 2017, Stony Brook Office Park is a first-class office park comprising four interconnected buildings totaling 270,196 square feet set on 16 scenic acres in suburban Boston –  Waltham, Massachusetts.

Stony Brook Office Park’s location allows for exceptional visibility along Interstate 95 (Route 128) and direct access to the Massachusetts Turnpike (I-90).  A location universally regarded as the epicenter of Boston’s suburban marketplace. The buildings themselves accommodate both large and small tenants and were constructed over 5 major phases, resulting in 170,000, 44,000, and 39,000 square foot office buildings plus a 10,000-square foot connector building spread across an elevated and beautifully landscaped 16-acre park.  In 2010, the Park received a Silver-Level LEED® rating from the U.S. Green Building Council.

As for amenities, Stony Brook Office Park offers its tenants an on-site full-service cafeteria, a bike rack, free parking, and fitness center with locker rooms. The location also provides immediate access to the MBTA Commuter Rail, Brandies University, restaurants, stores, the Newton Marriot Hotel, and downtown Waltham. The Park is 100% leased of which current tenants include Brainshark, TIAA, Stanley Black & Decker, Wells Fargo, and Wolters Kluwer.