Berkeley Investments Executes Lease with Eighth Tenant at the Watch Factory in

Waltham, MA – Boston-based Berkeley Investments, Inc. has executed a
lease for 3,284 square feet on the fourth floor of Phase 1 of Watch Factory Offices in Waltham,
Massachusetts with Rogaris Law Office.
Rogaris Law Office focuses on residential real estate and estate planning law.
Rogaris Law Office is moving its offices from 411 Waverly Oaks Road in Waltham,
Massachusetts. According to John Rogaris, owner of Rogaris Law Office, the decision to move
was based on a few reasons: “Our office is thrilled to be moving to the Waltham Watch Factory.
The building has a unique combination of old world charm and the luxury of modern amenities.
With interior brick walls and wood beam ceilings, the office spaces are exceptional. When you
consider the state of the art gym, luxurious indoor and outdoor common areas and courtyards,
on-site café, and scenic views of the Charles River, it was clear that there is no building that can
offer this combination in the area. Further, the management team at Berkeley Investments has
been tremendous in accommodating our office needs and has been extremely generous in
building out a truly first class office space.”
Opening in 1854 and operating at the site for over a century, the Waltham Watch Company
became the first watch manufacturer in the world to mass produce a complete watch under one
roof and make quality watches affordable to a broader population. Berkeley Investments, Inc. is
now transforming the 400,000-square-foot historic complex into a vibrant mix of offices, loft-style
apartments and retail uses with riverfront amenities. Phase 1 consists of 160,000 square feet of
newly renovated brick-and-beam office space, which is now 28% leased. Completed
improvements provide new building systems, modern finishes combined with attractive historic
features, sandblasted brick walls, and exposed wood ceilings. The property also offers a fitness
center, a Waltham Watch Company history exhibit, and landscaped courtyards with walkways
and seating areas that create a campus-like environment.
Phase 2 of the project will provide 96 loft style apartments, a café and a restaurant.
Construction is expected to begin in the Spring 2010 and be completed in the spring of 2011.
Phase 3 targeted for a 2011 start, will include the renovation of an additional 77,000 square feet
of office space and a structured parking garage.
The Watch Factory is located less than two miles from the Massachusetts Turnpike, less than
three miles from Route 128/I-95 and within walking distance of the Waltham Commuter Rail
Station on Moody Street. Bus routes pass by the property and a shuttle bus service is being
planned for access to nearby Commuter Rail Stations. Phase 1 has over 535 surface parking
spaces available for office tenants. The Watch Factory is also located within walking distance of
“Restaurant Row” and other amenities on Moody Street and has direct access to the Charles
River walking and bike path.