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WALTHAM, MA-In what is one of the largest leases this year in the Route 128 area, BrassRing LLC is leasing 65,546 sf of office space at 343 Winter St. The company, which develops talent management solutions, is subleasing the space from Wildfire Communications. The deal represents the entire building. Lease rates for this deal were not available, but average asking rents for similar space in the area are about $25 per sf, according to the most recent statistics by Grubb & Ellis. Sublease deals tend to be lower.

Dave Campbell, vice president and Brian Hines, principal of Trammell Crow Co. represented BrassRing in the transaction, while Neil Schneider, senior vice president of McCall & Almy represented Wildfire.

The three-story class A office building is owned by National Development of New England. Richard Gang, director of workplace operations for BrassRing, notes that the company’s present lease was expiring at the end of this year and the timing was right. He adds, “for us to upgrade our space, consolidate two operating centers and reduce our overall operating expenses by moving into this new, state of the art facility.” A spokesperson for BrassRing tells GlobeSt.com that the company will be moving out of its two locations in Waltham–at 170 high St. and at 37 Whitcomb St.– and into its new space.

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