Reservoir Woods East Update 08/27/20
Alexandria Buys Reservoir Woods East Campus for $330M
Alexandria has purchased the Reservoir Woods East Campus in Waltham for $330M. The site currently features 2 buildings offering a total of over 515,000 square feet plus as-of-right development potential of 440,000 square feet. The site also includes a 410 space parking garage along with 1,319 surface spaces. NKF Co-Head of U.S. Capital Markets Robert Griffin, Vice Chairman Edward Maher, Executive Managing Director Matthew Pullen and Managing Director Samantha Hallowell of the firm’s Boston Capital Markets Group represented the seller, a venture which included affiliates of Marcus Partners and The Davis Companies, and procured the buyer.