Photo courtesy of Newmark

What: Stony Brook Office Park
Where: Turner Street, Waltham
Owner: Jumbo Capital
Built: 1987 

 Four tenants signed recent leases for lab and R&D space at a Waltham office park that was recently updated to accommodate life science and research uses. 

 Tech equipment manufacturer Veeco and Alcresta Therapeutics leased 16,506 and 14,441 square feet, respectively. Cugene and Opinion Dynamics signed leases for 9,460 and 8,848 square feet. 

 Newmark represented ownership in the lease transactions totaling nearly 50,000 square feet. 

 In December 2017, Quincy-based Jumbo Capital acquired the four-building, 270,196-square-foot campus set on 16 acres near Route 128 for $80 million. 

 They Said It: 

“With diverse workspace offerings, all new amenities, proximity to a major university and public transit access, the Stony Brook campus will continue to see strong interest from the thriving greater Boston innovative ecosystem.”
— Matt Malatesta, senior managing director, Newmark