Bulfinch Announces Lease With Village Bank

BOSTON, MA – May 15, 2019

The Bulfinch Companies, Inc. (Bulfinch), a private, real estate investment, development and management firm, today announced it has signed a 20,416 SF lease with The Village Bank (The Bank) at 320 Needham Street in Newton, MA. Mike Wilcox, SVP and Director of Leasing at Bulfinch served as the leasing broker for the landlord and John Butterworth, Executive Vice President/ Partner at CBRE New England Advisory & Transaction services represented the tenant.

The Village Bank, chartered by the state in 1910, has seven full-service offices in Newton and Wayland and a Village Loan Center in Auburndale. Slated to open by the end of 2019, The Bank’s new
corporate office will house approximately 80 employees. The Bank has provided both residents and business with financial products and services with local expertise for over a century.

“Our new corporate office will help us increase efficiency, collaboration and enhance our efforts to provide the best possible service to our valued customers,” said Joseph A. De Vito, President &
CEO of The Village Bank. “Newton has been our home base for more than a century and we are excited to expand our presence in this vibrant area of the City.”

320 Needham Street is a fully renovated lab and office building adjacent to the Charles River, offering riverfront views and access to a surrounding wooded park. The building is conveniently located off I- 95/Route 128 and offers a truly walkable location just steps to restaurants, recreation and shopping services.

“We are delighted to welcome The Village Bank as a Bulfinch tenant,” said Mike Wilcox, SVP and Director of Leasing at Bulfinch. “The Bank’s new corporate office will enhance the amenities
available at 320 Needham Street, and will provide additional banking options for local residents and the numerous surrounding businesses.”

With a Walk Score of 72, 320 Needham Street is just steps from a number of key retailers, including Starbucks, The Bagel Place, Chipotle, Bank of America, HomeGoods and TJ Maxx. Needham Street may also soon be home to a transformative mixed-use project, as the proposed Northland Newton Development would add residential, office and retail steps from the 320 Needham Street property.