X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WALTHAM, MA-A do-it-yourself email marketing service has more than tripled the size of its Reservoir Place headquarters with the five-year lease of 27,100 sf of office space in the largest multi-tenant office complex on Route 128. Constant Contact, which moved into the 600,000 sf property three years ago, will relocate and expand from 8,500 sf.

The company will move into the larger suite on the third floor of the project’s 1601 Trapelo Rd. building, Mark Roth, executive director of Cushman & Wakefield and the tenant’s representative in the lease negotiations, tells GlobeSt.com. Terms of the lease were not disclosed but Roth said space in the two-building project rents in the high $20s per-sf range.

“Constant Contact moved into Reservoir Place in the summer of 2002 knowing they’d need room to expand rapidly without having to search for a new location,” says Roth. The email marketing service has grown by more than 70% during those three years, a company official said.

Owned by Boston Properties, the complex, which sits at the juncture of Trapelo Road and Route 128, numbers among its tenants Coldwell Banker Residential Brokerage, Mentor Graphics, Cendant and Hitachi. The transaction was handled for the property owner by Jason Fivek, leasing manager of Boston Properties.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.