What: Wells Park 

Where: Newton 

Owner: Jumbo Capital Management and Angelo Gordon & Co. 

Built: 1974-1988 

Three tenants have signed leases totaling over 59,000 square feet in Newton’s Wells Park. The 370,000-square-foot office campus was recently updated with new activated lobbies, a full-service cafe, “grab-and-go” food and beverage stations, bicycle storage, fitness center, electric car charging stations and conference space. 

Karyopharm Therapeutics Inc. extended its lease while expanding by 51,000 square feet, bringing its footprint in the park to over 95,000 square feet. Law firm Tucker, Saltzman, Dyer & O’Connell leased 4,200 square feet and math academy RSM leased 3,900 square feet, both at 199 Wells Ave. 

Newmark Knight Frank Executive Managing Director Mark Roth, Managing Directors Matt Malatesta and Brendan Daly and Associate Brianna Piacitelli represented the property owners in the lease transactions. 

They Said It: 

“Ownership’s capital improvement plan created a connected, amenity rich campus that appeals to businesses focused on recruiting and retaining top talent. The renovations, along with Jumbo Capital’s dedication to tenant satisfaction, led to our recent leasing success at the campus.” 

— Matt Malatesta, managing director, Newmark Knight Frank