X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WALTHAM, MA-MultiPlan, Inc. is standing pat on its 105,062 square feet here at Bay Colony Corporate Center where it has been a tenant for the last 20 years. The company, which concentrates on finding solutions to health care cost management, is renewing its lease at the 280,000-square-foot 1100 Winter St. for another five years. The terms of the lease were not released and the owner, Broadway Partners, declined inquiries about rental rates.

Overlooking the Cambridge Reservoir, the corporate center is comprised of four, four-story buildings which total 980,000 square feet of office over a 58 acre site. With easy access to the Alewife commuter rail station and Route 128, the asking rate for the submarket is between $23 to $24 per square foot. The four buildings which make up the business center are 950 Winter St., 1000 and 1100 Winter St., and 1050 Winter St.

The owners, Broadway Partners, were repped by DTZ FHO Partners, specifically Duncan Gratton, Rick Fahey and Sue Donovan. CBRE’s Andy Majewski, Kerry Olson and Jason Levendusky stood-in for MultiPlan, Inc. DTZ FHO took over exclusive leasing responsibilities for the park last year, promising to address expiring leases which were fast approaching.

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?

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.