WELLESLEY, MA— The formerly vacant office building at 70 Hastings Street in Wellesley, MA has reached 94 percent occupancy, following a strategic repositioning into a Class A medical office facility and a recent 3,000-square-foot lease to Perla Pediatrics Smiles, according to an announcement from commercial real estate firm Hunneman.
The building, owned by Grander Capital Partners, now hosts a variety of medical and wellness tenants, with less than 2,000 square feet of space still available for lease. Hunneman represented the landlord in the latest transaction and has led leasing efforts since Grander Capital acquired the property.
“The strategic repositioning of 70 Hastings from traditional to medical office has produced strong interest,” said Ned Halloran, Executive Vice President at Hunneman. “The very strong occupancy speaks not only to the quality of the recent renovations, but to the strategic collaboration to capture the growing demand for quality medical office space in well-located suburban communities.”
Renovations to the 26,351-square-foot building included updated building systems, high-end interior finishes, a redesigned lobby, and upgraded landscaping. The property is located along Route 9 with easy access to the Mass Pike, I-95, and nearby commuter rail stations.
Current tenants at 70 Hastings include Exceptional Health, Ahn Point Wellness, Baumann and Baumann, VivaSkin Dermatology, Grander Capital Partners, and the recently added Perla Pediatrics Smiles.
The building’s location near shopping and dining destinations such as the Chestnut Hill Mall, Natick Mall, and Needham Street, along with nearby amenities like Starbucks and Pressed Café, has added to its appeal for tenants. Corporate neighbors in the area include Morgan Stanley, Sun Life, and Aetna.
The lease was arranged by Hunneman’s Suburban Advisory team, including Ned Halloran and Leeanne Rizzo.
