Investment advisory firm signs lease for bigger headquarters near Boston

Published by: CoStar

A financial services firm is making a big investment of its own with plans to relocate its longtime headquarters in the Boston area to a newer and bigger space.

Commonwealth financial network, a national investment advisory firms, signed a deal for roughly 151,775 square feet at 275 Wyman St. to house its new corporate hub in Waltham, the company confirms.

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Hobbs Brook Real Estate signs 151,765 s/f lease to Commonwealth Financial Network

Published by: NEREJ

Waltham, MA Hobbs Brook Real Estate (HBRE), a developer, owner, and operator of premier office and life science space, has signed Commonwealth Financial Network, to a 151,765 s/f lease at 275 Wyman St., a five-story, 300,000 s/f, class A, LEED Gold-Certified office building. Commonwealth will utilize its new space within the property for the firm’s office operations in Q1 2026.

“We are thrilled to welcome Commonwealth to our continuously evolving Waltham Campus, a hub for industry-leading companies,” said Peter Gottlieb, president & CEO of HBRE. “Our sustained leasing velocity at 275 Wyman is a true testament to the building’s expansive amenity offerings, unmatched connectivity, sustainable integrations, and location, all of which are vital elements as businesses look to secure their next office location.”

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Boston Class A Office Buildings Start to Feel Pinch

Article Published by: Banker & Tradesman

Suburban properties have landed some of the region’s largest office leases in recent months. Eastern Bank leased 51,751 square feet at 601Edgewater Drive in Wakefield, but is reducing its office footprint north of Boston by 73 percent. Commonwealth Financial Network leased 151,765 square feet at 275 Wyman St. in Waltham. Both properties are owned by Waltham-based Hobbs Brook Real Estate.

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A Downtown Blueprint for the Route 128 Belt

Published by Banker & Tradesman

As suburban office vacancies crept up during most of 2024, Hobbs Brook Real Estate
bucked the trend by executing 683,000 square feet of office leases in the past 12 months,
representing 15 percent of its portfolio. The Waltham-based company owns 4.5 million
square feet of commercial real estate, including 2.6 million square feet in Lexington and
Waltham, and is in the process of recruiting additional tenants with building upgrades and
tenant engagement activities such as bicycle repair days, holiday pop-up stores and cooking
classes. Hobbs Brook also manages the real estate portfolio of its parent company, Rhode
Island-based insurer FM Global. Before joining Hobbs Brook Real Estate, Peter Gottlieb
was a senior vice president and regional director at Rubenstein Partners, overseeing its
investments in New England and the Chicago market.

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Hobbs Brook Real Estate Signs 151,000-SF Lease with Commonwealth Financial Network at 275 Wyman Street in Waltham, MA

Article published by: Boston Real Estate Times

Waltham, MA  – Hobbs Brook Real Estate announced that Commonwealth Financial Network, a national RIA dedicated to providing financial advisors with holistic, integrated business solutions has signed a 151,765-square-foot, lease at 275 Wyman Street, a five-story, 300,000-square-foot, Class A, LEED Gold-Certified office building in Waltham, MA.

For full article visit: BRET

National RIA Leases 151SF with Hobbs Brook

Published by: ConnectCRE

Commonwealth Financial Network, a national RIA, has signed a 151,765-square-foot lease at Hobbs Brook Real Estate’s 275 Wyman St., a five-story, 300,000-square-foot office building in Waltham, MA. The tenant will utilize its new space within the property for the firm’s office operations in the first quarter of 2026…

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Bisnow Boston Deal Sheet

Published by: Bisnow

…Commonwealth Financial Network signed a 152K SF lease at Hobbs Brook Real Estate’s 275 Wyman St. in Waltham. The company will occupy more than half of the 300K SF building in the first quarter of 2026…

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With New Lease, Eastern Bank Consolidates Offices North of Boston

Article Published by: Boston Business Journal

…The Hobbs Brook campus will offer amenities such as an upgraded fitness center and café and new conference center and walking paths, as well as proximity to MarketStreet Lynnfield shopping center, he said. Eastern is moving into 601 Edgewater Drive, one of the buildings on the nearly one-million-square-foot campus…

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Hobbs Brook Announces 52,000-SF Lease with Eastern Bank at Amenity-Driven Office Campus in Wakefield

Article Published by: Boston Real Estate Times

Wakefield, MA– Hobbs Brook Real Estate (HBRE) announced that it has signed a new, 51,751-square-foot lease with Eastern Bank at The Edge Campus, located at 601 Edgewater Drive in Wakefield, MA.

The financial services firm is slated to commence office operations at the property upon move-in in Q3 of 2025. This new lease agreement positions the firm to make substantial investments in modernizing and enhancing property amenities for the benefit of tenants and end users across the entire campus.

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This Week’s Boston Deal Sheet

Published by Bisnow

Hobbs Brook Real Estate secured 125K SF in leases and lease extensions at Northwoods, a 316K SF office building in Johnston, Rhode Island. The three tenants are Zebra Technologies, Dassault Systèmes and Dimeo Construction Co. Cushman & Wakefield/Hayes & Sherry’s Matt Fair and Peter Hayes represented the landlord. CBRE’s Alan Anderson represented Dimeo, and JLL’s Sean Lynch, Brendan Callahan and Gabrielle Harvey represented Zebra and Dassault.

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