Three New Leases Signed at 720 University Avenue in Norwood, MA
Boston, MA., July 22, 2024 – Hunneman is pleased to announce the successful completion of three new leases at 720 University Avenue in Norwood, MA. Executive Vice Presidents Leeanne Rizzo and Ned Halloran, along with Assistant Vice President Connor Hayes, represented the landlord, HRP Group (HRP), in these transactions. The leasing activity marks a significant milestone in the ongoing revitalization of this premier office property.
Bond Brothers kicked off the year with a long-term lease for 12,586 SF providing momentum for the signing of Norfolk County Retirement System’s 7,864 SF lease and Edelman Financial Engines’ 4,414 SF lease. This brings the total leased space in 2024 to 25,000 square feet, underscoring the strong market demand for quality office space in the Greater Boston Area.
HRP is a vertically integrated, multi-strategy real estate investment firm specializing in complex redevelopment projects. HRP creates sustainable value by taking a holistic approach to redevelopment and transformative property improvements.
Since HRP’s acquisition of 720 University Avenue in 2018, the property has undergone a comprehensive transformation into a Class A multi-tenant office building. A significant capital improvement program has redefined the building with modern finishes, state-of-the-art amenities, and inviting outdoor spaces conducive to meetings and gatherings
Strategically located on University Avenue between Route 1 and Route 128, 720 University Avenue offers unparalleled access to major highways, making it a prime destination for businesses seeking convenience and connectivity in the Greater Boston area.
With only 9,000 square feet remaining available out of the 78,031 square feet of leasable space, 720 University Avenue is poised to achieve full occupancy soon. Hunneman Real Estate looks forward to continuing its successful partnership with HRP, supporting their vision for redeveloping real estate for modern commerce.
About HRP Group: HRP Group (www.hrpgroup.com) is a vertically integrated, multi-strategy real estate investment company specializing in the transformation of obsolete industrial sites into modern logistics infrastructure, mixed-use destinations, and pioneering innovation hubs. The firm takes a holistic approach to value creation that prioritizes community, environmental, and economic sustainability.
