Design firm upgrades One Cabot Road, Medford and One Burlington Business Center, Burlington
BOSTON – Nov. 3, 2015 – Margulies Perruzzi Architects (MPA), one of Boston’s most innovative architectural and interior design firms, today announced that it has been selected to revitalize and reposition two office building properties for The Davis Companies, an integrated real estate investment, development and management firm. The Davis Companies engaged MPA to upgrade the main entrance, lobby, and common areas for One Cabot Road in Medford, Mass. and One Burlington Business Center in Burlington, Mass.
“With the acquisition of One Cabot Road and One Burlington Business Center, we plan to transform these buildings into highly attractive alternatives for tenants looking to offer their employees the utmost convenience in an amenity-rich environment,” said Duncan Gilkey, senior vice president of The Davis Companies. “MPA recognizes what tenants require in order to attract great talent and retain key employees. Their design for new and exciting common area amenities creates spaces for networking and collaborating, making tenant office spaces more efficient.”
One Cabot Road, Medford
One Cabot Road is a five-story, +/-400,000 SF office building located adjacent to the Wellington Circle MBTA Station in Medford, Mass. MPA is designing a dramatic revitalization of the property in order to reposition it as a high-quality, amenity rich and value alternative to properties in the Boston and Cambridge markets. Constructed in 1989, One Cabot features a full-service cafeteria, fitness facility, abundant power and emergency systems, and a generous parking ratio including 170 executive spaces inside the building.
MPA’s design includes renovations to the entrance, lobby, and common spaces. To enhance the modern and urban feel of the building, the redesigned exterior main entrance will include a new glass curtainwall, canopy and paving. Inside, MPA is transforming the lobby with bold backlit glass draped behind a wood and metal trim reception desk, creating a high-end hospitality reception desk for the building’s 24/7 manned concierge/security services. Additional lounge and café style seating within the lobby will create exciting spaces for working and socializing while enjoying an espresso or watching TV on the large flat screen monitor.
One Cabot is currently 90 percent leased, with approximately 30,000 RSF currently available and +/-130,000 RSF becoming available in 2017. The property is located adjacent to the Wellington Greenway, a two-mile path along the Mystic River providing access for running, biking, and walking. One Cabot is also less than a five-minute walk from the MBTA Wellington T station and close to the dynamic and growing retail and restaurant amenities of both Assembly Row and Station Landing, making it one of the more desirable large floorplate office buildings within a ten minute drive into downtown Boston or Kendall Square.
One Burlington Business Center, Burlington
MPA was selected to update and transform the four-story, 176,000 SF office building’s exterior, east and west lobbies and common areas, as well as improve the building’s signage and identity from nearby Route 128.
MPA is designing new paving, landscaping and lighting around the building’s east and west entrances to emphasize those entry points. New exterior signage, visible on approach to the building and from the highway, will provide greater building identity. Updated interior finishes and seating will make the lobbies and elevator landings feel more current and inviting. A new conference center will be moved to a location adjacent to the main lobby, allowing tenants and visitors better access, flexibility and use of the new outdoor patio and seating space.
The building is adjacent to the Lahey Hospital and Medical Center, close to both Wayside Commons and the Burlington Mall, and offers immediate access to and direct visibility from Route 128. With limited vacancies, Lahey Hospital and Medical Center is a major tenant, and there are seven additional tenants, including Silverlink Communications, and The Center office sharing program. MPA will design future interior fit-ups for One Burlington Business Center.
About The Davis Companies
Committed to excellence in both investment performance and operations, The Davis Companies is an integrated real estate investment, development and management firm headquartered in Boston that has invested over $3.8 billion in gross asset value through real estate equity, debt, and fixed-income securities. A unique combination of capital markets, development and management expertise allows The Davis Companies to nimbly tackle complex and contrarian opportunities. Directly, and with its valued partners, The Davis Companies currently owns and manages a real estate portfolio of 6.9 million square feet across the Eastern United States. For more information on The Davis Companies, please visit http://www.thedaviscompanies.com/.
About Margulies Perruzzi Architects
Consistently ranked as one of Boston’s top architectural and interior design firms, Margulies Perruzzi Architects creates buildings and interiors for clients who value design. The firm services the corporate, professional services, healthcare, research/lab, and real estate communities with a focus on sustainable design. MPA has designed high performance workspaces for Iron Mountain, Zipcar, Boston Scientific, Philips, Vistaprint, Forrester Research, Hobbs Brook Management, and Reliant Medical Group. For more information, please visit http://www.mp-architects.com.
