Boston – On behalf of Tritower Financial Group, CBRE/New England announced that three leases totaling 75,659 SF of office space and one renewal totaling 59,670 SF have been executed at 300 Apollo Drive in Chelmsford, MA over the past three months.
Combined with significant upgrades made at the building by Tritower Financial Group, this leasing activity further advances the comprehensive repositioning of the property as a premier office building northwest of Boston.
At 300 Apollo Drive, Tritower Financial Group signed three office leases including HCL Corporation, one of the top leading technology and IT enterprises in the world, for 29,033 SF; By Appointment Only, a sales meeting generation technology company, for 23,833 SF; and US Alliance Federal Credit Union, a full-service credit union that offers a wide range of banking services, for 22,793 SF. Axis Communications, a leader in network cameras and another IP networking solutions, renewed 59,670 SF.
CBRE/NE’s John Wilson is the exclusive leasing agent for the building. Rob Walles from CBRE/NE represented HCL Corporation. Matt Daniels from JLL represented By Appointment Only. Chris Decembrele from JLL represented US Alliance Federal Credit Union. John Wilson was the sole broker for Axis Communications.
Tritower Financial Group, a Boston-based real estate investment and management firm, purchased 300 Apollo Drive in 2014. As evidenced by the tenants who signed new leases at the property, 300 Apollo Drive is emerging as a nexus for highly innovative companies across core industries.
“By investing in social programming as well as creating a market-leading amenity base, 300 Apollo stands out in the market as being 100% unique,” stated Todd Twombly, Director of Asset Management at Tritower Financial Group. “It’s our goal to create a community that our tenants leverage to attract and retain the finest employees in the tech industry. Our current leasing success, at market-leading rents, further validates that we are on the right path for tenants needing 3,000-30,000 SF.”
Tritower Financial Group has invested heavily into amenities, which has been the key differentiator for attracting tenants in a suburban location. Besides being a Class A building, the building offers a full-service café with a variety of food service offerings, a game room with several free video and sporting games, and a conference center free of charge for tenants. In addition, the property offers numerous fitness opportunities including weekly free workout classes and a full-service fitness room with Peloton bikes and showers.
The grounds have a newly renovated outdoor seating area with a gas fire pit, two basketball courts and free Zagster bikes. In addition, the on-site property management team hosts monthly happy hours for tenants. The Wired Certified Gold property also includes a farm share delivery service and an expansive parking ratio with multiple entry points into the building.
300 Apollo Drive is located directly off Route 3 at the Route 129 interchange (Exit 29) with proximity to Interstate 495 and Route 128. The building is located within proximity to numerous restaurants, hotels, fitness centers and coffee shops. This location offers easy commuting access to a highly skilled labor force stretching from New Hampshire to Boston and from Boston’s North Shore to its western suburbs.