Waltham, MA – Hobbs Brook Real Estate announced that Commonwealth Financial Network, a national RIA dedicated to providing financial advisors with holistic, integrated business solutions has signed a 151,765-square-foot, lease at 275 Wyman Street, a five-story, 300,000-square-foot, Class A, LEED Gold-Certified office building in Waltham, MA.
Commonwealth will utilize its new space within the property for the firm’s office operations in Q1 2026.
“We are thrilled to welcome Commonwealth to our continuously evolving Waltham Campus, a hub for industry-leading companies,” said Peter Gottlieb, President & CEO of Hobbs Brook Real Estate. “Our sustained leasing velocity at 275 Wyman is a true testament to the building’s expansive amenity offerings, unmatched connectivity, sustainable integrations, and location, all of which are vital elements as businesses look to secure their next office location.”
“Waltham has been a home base for Commonwealth for more than 30 years, and we look forward to this new chapter,” said Trap Kloman, President and COO of Commonwealth. “Our new headquarters marks a compelling turning point, supporting our well-managed growth plans as we continue investing in top talent. This new space will foster innovation and collaboration across teams, which is how we best serve the independent financial advisors who partner with Commonwealth every day.”
Commonwealth partners with approximately 2,200 independent financial advisors overseeing more than $296 billion* in assets nationwide. The firm provides comprehensive services across investments, specialized planning, technology, operations, marketing, and more to help independent advisors serve their clients and grow their businesses. Commonwealth’s infrastructure supports advisors across a variety of business models, including fee-only, hybrid, and those breaking free to explore independence for the first time.
275 Wyman is part of Hobbs Brook Real Estate’s overall 2.2-million-square-foot,13 building Waltham Campus. The amenity-rich building encompasses a five-level, 1,000+ car garage connecting with the main entrance via a green-roof courtyard, a 4,000-square-foot, full-service cafeteria with a living green wall, a 7,000-square-foot state-of-the-art fitness center and other wellness amenities including a personal trainer on-site, ample outdoor collaboration space, tenant engagement programming featuring a campus app and year-round events, conference space, and an employee game room.
CBRE represented the landlord (Hobbs Brook Real Estate) in the transaction. The tenant (Commonwealth Financial Network) was represented by Newmark.
