News

BOSTON, MA – June 10, 2026

An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate, management and investment firm, is pleased to announce the acquisition of 70 Hastings Street, a boutique medical office building in Wellesley, Massachusetts.

Located along the highly sought-after Route 9 medical corridor, the property is currently home to leading healthcare providers including: Exceptional Health, VivaSkin Dermatology and Aesthetics and Perla Pediatric Smiles. CBRE represented the seller in the transaction.

The acquisition further strengthens Bulfinch’s extensive medical office portfolio and underscores the firm’s continued confidence in the long-term demand for well-located outpatient healthcare facilities.

“Medical office continues to be one of the most resilient and attractive sectors within commercial real estate,” said Eric Schlager, CEO of Bulfinch. “70 Hastings offers a compelling combination of strong tenancy, exceptional accessibility, and proximity to Boston’s world-class healthcare ecosystem. This acquisition aligns with our strategy of investing in high-quality healthcare assets that serve growing suburban communities while providing convenient access for patients and providers.”

Situated on 1.2 acres less than nine miles from downtown Boston and approximately five miles from the Longwood Medical Area, 70 Hastings Street provides direct access to Interstates 90 and 95/128, connecting tenants and patients to the region’s premier medical institutions. The property’s location within the Route 9 corridor places it among a concentration of healthcare providers, professional services firms, and major employers.

The building also benefits from proximity to a wide range of retail, dining, and lifestyle amenities including Wellesley Square and Linden Square, home to Whole Foods, Juniper, Tatte Bakery, and Alta Strada. Nearby corporate neighbors include Synergy Health, Skincare Physicians, Personal Physicians Healthcare, and Aetna, enhancing the property’s appeal as a convenient destination for both patients and healthcare professionals.

In addition to its strong existing tenant base, 70 Hastings Street offers two first-floor medical office suites, comprising approximately 1,430 square feet and 2,350 square feet, that provide an opportunity for healthcare providers seeking modern, well-located space within Wellesley’s established Route 9 medical corridor. In addition, Bulfinch has 6,774 square feet of medical office space available at 54 Washington Street in Wellesley adjacent to a major Newton Wellesley Hospital Facility.

Bulfinch has built a substantial medical office portfolio throughout the region, including properties such as Life Time Center at 300 Boylston Street in Chestnut Hill, 1285 Beacon Street in Brookline, 54 Baker Avenue in Concord, 134 South Avenue in Weston, and 5 Branch Street in Methuen. Across its healthcare portfolio, the firm has demonstrated success in creating value through strategic investment, operational excellence, and responsive asset management.

“Our experience across the medical office sector has shown that healthcare providers increasingly value modern, accessible facilities located within vibrant suburban markets,” said Conor Brennan, Managing Director Investments “Strong occupancy throughout our portfolio reflects both the quality of our properties and our ability to anticipate and meet growing demand for healthcare space outside of traditional urban centers.”

The acquisition reflects Bulfinch’s continued focus on identifying high-quality investment opportunities within the healthcare real estate sector while supporting the evolving needs of providers and patients throughout Greater Boston.