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Newton Nexus, Newton MA Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451 www.crosspointassociates.com i Formerly the global headquarters for TripAdvisor, Crosspoint is in the process of redeveloping the 131,000 SF, 3 building, office campus into a dynamic mixed-use shopping center. The property will be anchored by a 30,000 SF TJ Maxx and 21,000 SF market concept. The property will also be home to an array of restaurant, goods, and service oriented retailers. LOCATION 141-165 Needham Street Newton, MA 02464 ASSET CLASS Mixed DETAILS • 11.06 Acres • ADT 31,000 • 518 Parking Spaces AVAILABLE 12,500 SF Retail 10,365 SF Office TOTAL GLA 131,000 SF Crosspoint Associates, Inc. attempts to provide correct information, but does not warrant the accuracy and completeness of information, text, graphics, links or items on this brochure.

Newton Nexus, Newton MA - Crosspoint Associates · Newton Nexus, Newton MA. Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451. . i. ... 3,000 SF 153 …

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Page 1: Newton Nexus, Newton MA - Crosspoint Associates · Newton Nexus, Newton MA. Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451. . i. ... 3,000 SF 153 …

Newton Nexus, Newton MA

Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451www.crosspointassociates.com

i

Formerly the global headquarters for TripAdvisor, Crosspoint is in the process of redeveloping the 131,000 SF, 3 building, office campus into a dynamic mixed-use shopping center. The property will be anchored by a 30,000 SF TJ Maxx and 21,000 SF market concept. The property will also be home to an array of restaurant, goods, and service oriented retailers.

LOCATION141-165 Needham StreetNewton, MA 02464

ASSET CLASSMixed

DETAILS • 11.06 Acres • ADT 31,000• 518 Parking Spaces

AVAILABLE12,500 SF Retail10,365 SF Office

TOTAL GLA131,000 SF

Crosspoint Associates, Inc. attempts to provide correct information, but does not warrant the accuracy and completeness of information, text, graphics, links or items on this brochure.

Page 2: Newton Nexus, Newton MA - Crosspoint Associates · Newton Nexus, Newton MA. Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451. . i. ... 3,000 SF 153 …

Tenants

Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451

NEWTON NEXUS MAIN CAMPUS

26,000 SF

21,000 SF

2,400 SF

3,000 SF

20,000 SF

10,365 SF

3,000 SF1,20

0 SF

1,80

0 SF

7,000 SF

30,000 SF

2,30

0 SF

1,80

0 SF

Offices at Nexus

141 Needham StreetAvailable .................................................3,000 SF

153 Needham StreetAvailable ........................... 10,000 SF (2nd Floor)

165 Needham Street

bfresh ....................................................21,000 SFBoston Ballet School .............................26,000 SFBoston Ski + Tennis .................................7,000 SFOffices at Nexus ....................................10,365 SFQdoba ......................................................3,000 SFSierra Trading Post ................................20,000 SFTJ Maxx ..................................................30,000 SF

10,365 SF

Second Floor

Available ........2,400 SFAvailable ........2,300 SFAvailable ........1,800 SF

Available ........1,800 SFAvailable ........1,200 SF

Page 3: Newton Nexus, Newton MA - Crosspoint Associates · Newton Nexus, Newton MA. Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451. . i. ... 3,000 SF 153 …

Location 141-165 Needham Street, Newton, MA 02464

www.crosspointassociates.com

NEARBY BUSINESSES1. Homegoods2. Modell’s3. Papa Gino’s4. Starbuck’s5. CVS

Page 4: Newton Nexus, Newton MA - Crosspoint Associates · Newton Nexus, Newton MA. Crosspoint Associates, Inc. 300 Third Ave. Suite 2, Waltham, MA 02451. . i. ... 3,000 SF 153 …

2015 HOUSEHOLD INCOME

2015 POPULATION BY RACE

1 MILE 3 MILE 5 MILE

2010 2015 2020 2010 2015 2020 2010 2015 2020Population 12,685 12,951 13,384 107,566 109,477 112,371 366,618 373,162 385,242Households 4,901 5,008 5,175 36,754 37,398 38,496 145,346 148,337 153,649Median Household Income $108,849 $125,757 $127,978 $147,773 $85,149 $96,702Average Household Income $159,468 $186,139 $178,280 $204,659 $126,254 $144,144Owner Occupied Housing Units 3,441 3,545 3,705 27,546 28,205 29,090 79,610 81,652 84,339Renter Occupied Housing Units 1,460 1,462 1,470 9,208 9,193 9,406 65,736 66,685 69,309Median Age 42.1 42.6 42.7 39.9 40.3 40.8 36.1 36.4 37.0

1 MILE 3 MILE 5 MILE2010 2015 2020 2010 2015 2020 2010 2015 2020

0 – 4 years 5.9% 5.3% 5.3% 5.5% 4.9% 4.8% 5.3% 4.8% 4.8%5 – 9 years 6.6% 6.5% 6.3% 6.7% 6.2% 5.9% 5.2% 5.2% 4.8%10 – 14 years 6.7% 7.2% 6.8% 6.7% 7.2% 6.6% 5.1% 5.3% 5.1%15 – 19 years 6.6% 7.0% 6.7% 9.7% 10.4% 10.3% 6.7% 6.9% 6.6%20 – 24 years 4.9% 5.6% 4.7% 8.3% 9.2% 8.7% 10.3% 9.0% 8.4%25 – 34 years 10.0% 9.9% 10.4% 7.6% 7.3% 7.9% 16.1% 17.1% 17.5%35 – 44 years 13.4% 11.5% 12.6% 12.4% 10.3% 10.2% 12.7% 12.1% 12.6%45 – 54 years 16.1% 14.7% 13.5% 14.6% 13.7% 12.9% 13.2% 12.4% 11.5%55 – 64 years 14.7% 14.5% 14.0% 13.3% 13.4% 13.3% 11.4% 11.8% 11.7%65 – 74 years 7.4% 10.3% 11.6% 7.0% 9.3% 10.8% 6.5% 8.1% 9.3%75 – 84 years 5.0% 4.6% 5.4% 5.0% 4.8% 5.4% 4.8% 4.5% 4.9%85+ years 2.8% 3.0% 2.8% 3.1% 3.3% 3.2% 2.8% 2.9% 2.9%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

1 MILE 3 MILE 5 MILE<$15K 7.7% 6.0% 9.4%

$15K – $24K 5.3% 4.0% 6.0%$25K – $34K 4.2% 4.0% 5.2%

$35K – $49K 5.8% 6.1% 8.2%$50K – $74K 12.6% 11.2% 15.5%$75K – $99K 11.0% 10.0% 12.3%

$100K – $149K 14.3% 13.7% 15.1%$150K – $199K 9.9% 11.1% 10.2%

$200K+ 29.1% 34.0% 18.3%

1 MILE 3 MILE 5 MILEWhite 74.8% 80.6% 76.8%Black 3.4% 2.9% 5.0%

American Indian 0.1% 0.1% 0.2%Asian 17.7% 12.6% 11.4%

Pacific Islander 0.1% 0.0% 0.1%Other 1.3% 1.1% 3.6%

Two or more 2.6% 2.7% 3.0%Hispanic Origin 4.8% 4.7% 9.4%

Demographics

SUMMARY

JONATHAN HUEBER, Director of Acquisitionsmain: (508) 655-0505 • direct: (781) 916-8683 • fax: (781) 890-6600 [email protected]

POPULATION BY AGE

1 3 5

1 3 5