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News release

BOSTON, MA

Bulfinch Selects JLL as Leasing Agent for Cambridge Discovery Park


BOSTON, MA, 16 April 2014 – The Bulfinch Companies, Inc. has appointed JLL as the exclusive leasing agent for Cambridge Discovery Park, an 820,000-square-foot first class office and technology campus on Route 2 in Cambridge, MA. The Park has permits in place for the build to suit headquarters construction of up to six LEED-certified, first-class office and laboratory buildings, and two structured parking garages.

Phase one construction of Cambridge Discovery Park’s is now complete. This includes three state-of-the-art buildings totalling 400,000 square feet, a parking garage, green space, infrastructure and public utilities. The buildings at 60 Acorn Park and 100 Acorn Park serve as the headquarters of Forrester Research, and world-renowned research institution The Smithsonian Institution Astrophysical Observatory. With sustainability a key focus in the park, Forrester has achieved LEED certifications at its headquarters, with a LEED Gold certification for its base building and a LEED Platinum certification for its interior. Permits are in place for up to three additional buildings totalling approximately 420,000 square feet, as well as a second structured parking ga4rage.

Cambridge Discovery Park, surrounded by Alewife Brook Reservation, is one of the largest campuses in Cambridge. Bulfinch is directing a complete redevelopment and repositioning program that is transforming the 27-acre Park into a world-class sustainable urban business campus. CDP offers a unique combination of proximity to Boston and Logan Airport via major routes (Route 2, Interstate 95/Route 128), views of the Boston skyline, an abundance of green space, public transportation, and tremendous on- and off-site amenities and services.

The meticulously landscaped setting consists of walking and bicycle trails that connect to the Charles River, and a footpath that leads directly to public transportation at the Alewife MBTA station. A dedicated shuttle bus is also provided for immediate access to Alewife. In place are numerous first-class amenities and conveniences including: The Café at Discovery Park with outdoor seating, a full service fitness and yoga center, Zagster bike-sharing, multiple bike racks, electric car charging stations, garage parking, ATM banking, and a new riverfront park. The recently completed Vox on Two luxury rental apartments is located adjacent to the site.

”We are excited to work with JLL on this project,” said Michael Wilcox, Director of Leasing at Bulfinch. “Cambridge Discovery Park is an unmatched build-to-suit headquarters opportunity in a highly desirable location, and we look forward to collaborating with a strong leasing partner to bring new and innovative tenants to the Park.” 

According to Jones Lang LaSalle Executive Vice President John Osten: “JLL is excited to be partnering with the visionary team at Bulfinch. Their commitment to sustainable development, and long experience in building and managing large scale mixed use properties throughout Greater Boston, positions Cambridge Discovery Park for continued success. They have made a huge impact on Cambridge and the region’s innovation economy.”

Joining John on the leasing and marketing team is Executive Vice President Peter Bekarian, and Vice President Molly Heath, Senior Vice President Stephen Steinberg, and Vice President Michael Potter. The architect for Cambridge Center is ADD Inc. and the construction contractor is John Moriarty & Associates (JMA).
About The Bulfinch Companies, Inc.


Bulfinch is an entrepreneurial, value-added real estate investment firm
specializing in the development, acquisition, management, and
repositioning of commercial properties in Greater Boston. Since its
inception in 1936, Bulfinch has developed, acquired and repositioned more than $1
billion in commercial real estate. www.bulfinch.com

About JLL
JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. For further information, visit www.jll.com.