Dave Townsend and Mark Winters, senior directors at Cushman & Wakefield represented property owner, CambridgePark Investors Limited Partnership, an affiliate of Berwind Property Group, in the transaction. The bank represented itself.

The 135,572 sf first-class office building is located at the intersection of Routes 2 and 16, near Routes 128 and 93 and the Massachusetts Turnpike. The five-story building was constructed in 1990 and features two fitness centers, a café, shared conference facilities and a lobby shop.

Nelson Goddard, senior vice president for Cambridge Savings Bank notes that the bank was interested in remaining in the area and the building's accessibility by car and train as well as the area parking spaces made it an attractive location.

Berwind Property Group, a Pennsylvania-based, privately held real estate investment firm, has a portfolio that currently consists of over 25 million sf of office, residential, retail, hotel and industrial properties located throughout the US. In the Boston area, the firm's current holdings include 10 Maguire Rd. in Lexington, 181 and 187 Ballardvale St. in Wilmington, 8 Federal St. in Billerica and The Campus at Marlborough.