WALTHAM, MA-Dassault Systemes is signing a lease at 175-185 Wyman St. in Hobbs Brook Office Park. The lease is the result of a consolidation from offices in Concord and Lowell. The lease rates for the property were not released but comparable property offers rates in the low $20s per square feet according to Cushman and Wakefield.

Dassault will move into the first of the L-shaped buildings, 175 Wyman, in its entirety this year. After taking over the 211,741-square-foot property, the lifestyle and management company will slowly move into 185 Wyman in early 2011.

Charles Batchelder, managing director of Wyman St. Advisors, repped the owner/developer Hobbs Brook Management, while EVP and national director Brendan Callahan repped Dassault Systemes. Managing director Alex Dauria from Jones Lang LaSalle was also named project manager for the development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.