Godino & Company, Inc. Creates Significant Value Through Strategic Leasing and Investment Sale of 24 Crescent Street, Waltham

From Building Repositioning to Successful Investment Sale

Godino & Company, Inc. is proud to highlight the successful leasing and sale of 24 Crescent Street, a four-story, 25,000-square-foot office building in the heart of downtown Waltham.

Susan Godino Ellis and Tom Godino represented Greystone NE, the property's owner, in a strategic assignment that transformed the asset from a renovation project into a highly desirable investment property.

While the building was undergoing extensive renovations, Greystone NE retained Godino & Company to reposition and lease the property. Through an aggressive marketing campaign and targeted tenant outreach, our team successfully increased occupancy to 95%, while tripling the property's rental income. The improved occupancy and stabilized cash flow substantially enhanced the building's market value and investment appeal.

Following the successful lease-up, Greystone NE engaged Godino & Company to market and sell the property as a stabilized investment. The property was ultimately sold to GDG Properties Southbridge, LLC, delivering an outstanding outcome for our client.