Westwood Station is a conglomerate of six properties just outside of Boston, Massachusetts, consisting of two single family residences, 87,707 combined square feet of office space, 169,266 square feet of industrial space, and over 152 acres of land. The central 118 acre Westwood Station parcel was entitled for a 4.5 million square foot development with commercial retail and office, hospitality and residential uses; and the remaining parcels were to be eventually incorporated into the development.
Douglas Wilson Companies (DWC), agent for Receiver, was charged with taking possession, custody and control of the asset.
DWC engaged and oversaw the property management company, as well as ensured the property was well maintained, the leases were renewed and the entitlements were preserved. Project managers also worked with the City of Westwood to restore partially com
pleted roadway work and other site stabilization work such as erosion and dust control.
DWC executed the tasks as allotted and the Receiver was successfully discharged.