Waltham, MA– Hobbs Brook Real Estate LLC announced that 275 Wyman will soon become the East Coast office for ZoomInfo (NASDAQ: ZI), a global leader in go-to-market intelligence solutions. The deal represents the Boston area’s second largest lease during 2020.
275 Wyman is a five-story LEED® Gold Certified office building located along the Route 128 technology corridor about 10 miles west of Boston. The roughly 314,000-square-foot building is one of 15 based within Hobbs Brook’s 2.2-million-square-foot office campus along Wyman Street. ZoomInfo will occupy the entire fourth and fifth floors of the building, which encompasses nearly 100,000 square feet of office and amenity space. The firm is currently working remotely and plans to move into its new space during summer 2021. ZoomInfo employees are planning to return to the office in a hybrid approach.
“We are absolutely thrilled to welcome ZoomInfo to our portfolio, and we look forward to contributing to and supporting their growth,” said Sam Schaefer, Chief Executive Officer, Hobbs Brook Real Estate. “This was a complex transaction with a unique set of challenges. We want to thank all of the teams who were involved for their help in achieving an outstanding result.”
ZoomInfo takes over the Wyman Street workspace from the building’s current primary tenant, Cimpress, parent company to Vistaprint, which will relocate to ZoomInfo’s current 73,000-square-foot office space at 170 Tracer Lane early this summer. The new Waltham office is ZoomInfo’s second largest behind its global headquarters in Vancouver, Washington.
During the evaluation process for its office expansion, ZoomInfo considered 15 different locations in Greater Boston and toured four buildings before securing its move to 275 Wyman. ZoomInfo signed a lease for 226,000 square feet at the building and will occupy in a multi-phased approach.
“As we look to attract even more talent to join our rapidly growing team, our office space must reflect how much we value our employees, their work styles, and lifestyle preferences,” said Henry Schuck, ZoomInfo’s Founder and CEO. “Hobbs Brook’s 275 Wyman is ideal for its highly convenient location, the ability to accommodate future growth, and a variety of desired building and neighborhood amenities. We are proud to bring our largest East Coast office here.”
ZoomInfo was drawn to 275 Wyman’s amenities, including:
- A 7,000-square-foot gym with weights, stationary bikes, cardio equipment, and a studio for classes, plus locker rooms with showers
- A 4,000-square-foot full-service cafeteria with many healthy options and outdoor seating
- An 8,000-square-foot conference center with dividers
- A six-level parking garage with a covered walkway that connects to the office
- An additional café with outdoor seating
- An expanded reception area
“This is a substantial, noteworthy deal involving the exchange of two tenant locations to accommodate both their current real estate strategies,” said Michael O’Leary, Executive Director of Cushman & Wakefield. “Thanks to a great deal of teamwork and diligence among Hobbs Brook, ZoomInfo and Vistaprint, we were able to complete a seamless transaction with a structure that rarely happens in commercial real estate, accommodating two companies following different yet relevant real estate trends.”
“ZoomInfo looked at many offices before landing on this one and we can attribute that to Hobbs Brook’s innovative approach to providing hospitality and service throughout their buildings,” said Tyler McGrail, Senior Managing Director of Newark Knight Frank who represented ZoomInfo. “It was a pleasure to work with Hobbs Brook and Vistaprint to make this a smooth transaction for all.”