WALTHAM, MA. – AUGUST 22, 2025 – Cushman & Wakefield, a global real estate services firm, announced that it successfully negotiated 120,400 square feet of leases at University Office Park, a two-building office campus located at 51 & 95 Sawyer Road in Waltham, Massachusetts. The leasing activity coincides with Albany Road’s recently completed refinancing with the Ardent Companies. Cushman & Wakefield’s Michael O'Leary, Ross Gaudet, Elizabeth Swanson and Bobby Phinney represented the landlord, Albany Road, in lease negotiations.
The recent leasing activity at University Office Park included a mix of renewals and expansions.
“The robust leasing activity at University Office Park underscores Albany Road’s dedication to tenant satisfaction and the long-term value of this prime office complex,” said O’Leary. “University Office Park is well-positioned within the 128 Central Submarket, which during the first half of 2025 benefited from more than 750,000 square feet of demand due to its proximity to the Boston CBD and many of Greater Boston’s major suburban populations centers. Under the strength of current ownership and the property’s current capitalization, University Office Park continues to be a ‘go-to’ office destination for high-quality tenants seeking Mass Pike / Rt. 128 proximity.”
University Office Park is a 290,000-square-foot Class A corporate campus situated along the Charles River. The complex boasts modern amenities, including a full-service café, a fitness center with lockers and showers, ample parking, and professional on-site property management. The property’s location near major routes such as the Mass Pike/I-95 interchange, as well as its proximity to the Brandeis/Roberts MBTA station, make it highly accessible for businesses seeking a strategic location in Greater Boston.