WAYLAND, MA — R.W. Holmes announced the lease extension of 49,260 square feet of research and development space at 358 2nd Avenue in Waltham, Massachusetts by QinetiQ, Inc., a global defense and security company.
The lease renewal marks a continued commitment by QinetiQ to maintain its operations in one of Greater Boston’s most vibrant R&D submarkets. The property, owned by Hillside Associates, offers modern, adaptable space designed to support high-tech innovation.
R.W. Holmes Senior Vice President Arthur Amadei represented the landlord, Hillside Associates, in the transaction. QinetiQ, Inc. was represented by Adam Schindler, Vice Chair at Colliers’ Washington, D.C. office, and Jason Rexinis from Colliers’ Boston office.
“We are pleased to extend our relationship with QinetiQ at 358 2nd Avenue,” said Amadei. “Waltham has established itself as one of Greater Boston’s most dynamic R&D hubs, and this renewal reflects Hillside Associates’ commitment to supporting innovative companies with high-quality, flexible space that positions them for long-term success.”
Situated in the heart of Waltham’s technology corridor, 358 2nd Avenue provides tenants with proximity to major highways, access to a highly educated workforce, and a growing ecosystem of life sciences and tech firms.
QinetiQ, Inc. is the U.S. arm of UK-based QinetiQ Group plc, and provides mission-led innovation to defense, security, and intelligence customers. Their renewed presence in Waltham underscores the region’s strategic value for high-tech and defense-related R&D operations.
The transaction highlights ongoing demand for R&D space in Greater Boston, especially in established innovation markets like Waltham, which continues to attract and retain cutting-edge companies across sectors.
