Post is a former U.S. Post Office distribution facility that was repositioned into a 430,000 sf, Class-A research and office building on 36 acres in Waltham, MA.
The property is located in the heart of Waltham with convenient access to Route 2, which provides access to Cambridge, MA. The immediate neighbors include a number of premier office and life science tenants. Given the property’s history as a distribution facility, it features high ceilings and wide open work spaces. Northwood added multiple indoor and outdoor amenities to further enhance the offering to tenants. Subsequent to the repositioning, Northwood leased the asset and disposed of the property in April 2020.
Investment Period: June 2015 – April 2020