Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WALTHAM, MA-Rockwood Capital said Tuesday it had completed the acquisition of the two-building Waltham Place office/lab complex here from John Hancock Financial Services. Terms were not disclosed; published reports have put the selling price at $34.5 million.

Rockwood has significant capital improvements in mind for the property, which was developed in two phases between 1998 and 2000. The company has hired Boston-based Griffith Properties as the local operator and has assigned CBRE/New England as exclusive leasing agent. CBRE/NE’s efforts will be spearheaded by EVP/partner Andy Majewski and VP Rob Kinlin.

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?


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.