{"id":1004172050,"date":"2017-04-07T05:19:41","date_gmt":"2017-04-07T13:19:41","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004172050"},"modified":"2020-05-19T00:24:45","modified_gmt":"2020-05-19T08:24:45","slug":"cbre-to-handle-sale-of-reebok-mass-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-to-handle-sale-of-reebok-mass-hq\/","title":{"rendered":"CBRE to Handle Sale of Reebok MA HQ"},"content":{"rendered":"<p><em>By Gail Kalinoski<\/em><\/p>\n<p>As Reebok makes strides to head to Boston\u2019s Seaport District for its new offices in the fall, CBRE Capital Markets has been selected to sell its current 65-acre campus in Canton, Mass.<\/p>\n<div id=\"attachment_1004172058\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004172058\" data-attachment-id=\"1004172058\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbre-to-handle-sale-of-reebok-mass-hq\/reebokcampussale\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Les Vants Aerial Photos&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1469491200&quot;,&quot;copyright&quot;:&quot;Copyright 2016 Les Vants Aerial Photos\\rContact before reproducing&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"ReebokCampusSale\" data-image-description=\"&lt;p&gt;Reebok Campus in Canton, Mass.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Reebok Campus in Canton, Mass.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg?w=800\" class=\"wp-image-1004172058 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg\" alt=\"Reebok Campus in Canton, Mass.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/ReebokCampusSale.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004172058\" class=\"wp-caption-text\">Reebok Campus in Canton, Mass.<\/p><\/div>\n<p>CBRE\u2019s Dave Pergola and Brian Doherty are heading the marketing effort for Reebok and its parent company, Adidas.<\/p>\n<p>\u201c<em>We have been involved with many former headquarters dispositions over the years,<\/em>\u201d Pergola said in a prepared statement. \u201c<em>The Reebok property in Canton stands out as the most spectacular of them all. Its design is truly forward-thinking. The campus will absolutely attract an owner that will value it as much as Reebok did during its stewardship.<\/em>\u201d<\/p>\n<p>The campus is located 10 miles south of Boston and consists of a 518,000-square-foot main headquarters building and several smaller support buildings for a total of 680,000 square feet. It also has two structured parking facilities, an indoor basketball court and fitness facility, a child care center and\u2014no surprise\u2014several athletic fields.<\/p>\n<p>CBRE notes that the campus was designed to \u201c<em>enable collaboration, creativity and innovation in a large open space.<\/em>\u201d<\/p>\n<p>\u201c<em>The property has everything needed to attract the type of talent today\u2019s employers want<\/em>,\u201d Doherty added in prepared remarks. \u201c<em>The finishes inside the building are phenomenal, the amenity package is second to none and once you see the campus first-hand, you cannot help but say to yourself, \u2018Wow\u2026I wish I worked here<\/em>.\u2019 \u201d<\/p>\n<p>Reebok announced in November that it was leaving the Canton campus and moving 700 employees to the Innovation &amp; Design Building in Boston\u2019s hot Seaport District. The athletic gear company will start moving into 220,000 square feet on five floors in September, according to the <a href=\"https:\/\/www.bostonglobe.com\/business\/2016\/12\/07\/reebok-new-will-design-center-seaport-district\/G1VKShGPj9osqv0V5naSBP\/story.html\" rel=\"nofollow\" target=\"_blank\">Boston Globe.<\/a> Reebok will have a two-story gym, design lab, retail store and public restaurant at the site, the newspaper reported.  Reebok also plans a one-mile running track around the building. Located on Drydock Avenue, the former military warehouse has been repositioned by owner Jamestown as a space for creative offices. Other tenants include architecture firm Elkus Manfredi, design consulting firm Continuum, software maker Autodesk, America\u2019s Test Kitchen and the MassChallenge startup accelerator, the Globe said.<\/p>\n<p>A move to a city headquarters isn\u2019t the only property news for Reebok.  In October, the company said it was opening a manufacturing facility early this year in Burrillville, R.I., where it would be introducing advanced robotics and innovative software to the manufacturing process to increase output and productivity. <em><a href=\"https:\/\/www.commercialsearch.com\/news\/reebok-announces-new-rhode-island-manufacturing-facility\/\">Commercial Property Executive<\/a><\/em> reported that parent company Adidas was planning more new manufacturing facilities in the United States to cut shipping costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The campus is located 10 miles south of Boston and consists of a 518,000-square-foot main building and several smaller support facilities. <\/p>\n","protected":false},"author":1068,"featured_media":1004172058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21808,21742,10,21747],"tags":[34869,32789,34868],"class_list":["post-1004172050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-featured","category-latest","category-northeast","category-office","tag-adidas","tag-cbre","tag-reebok"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. 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