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Vantage Builders Hired For Project That Includes New Office Space, New Fitness Center, Cafeteria Upgrades And Lobby Improvements

WALTHAM, MASS. – July 30, 2014– Vantage Builders, Inc., a general contracting and construction firm based in Waltham, Mass., today announced a $400,000 renovation project the firm completed for Rockwood Capital, LLC (“Rockwood”) and Griffith Properties, LLC (“Griffith”) at 275 Second Ave., Waltham, Mass. Part of a capital upgrade plan for the building, the multi-phase project included new office space, a new fitness center, cafeteria upgrades, and lobby improvements.

Working from design plans from LaFreniere Architects, Vantage installed a demising wall on the first floor, dividing equally a 2,600 square foot area. One side features new office space, the other a fitness center for tenant use.

The new office space features upgraded millwork, carpeting and painting. An IT room and kitchen area were created. Vantage constructed a new fitness area, with exercise and cardio equipment, such as treadmills and free weights. The firm also renovated the women’s and men’s shower rooms with new tiling throughout, milled lockers and new ceilings.

Renovations to the first floor cafeteria include millwork, installation of new kitchen equipment and serving stations, enhanced lighting, new flooring and ceilings, and painting. The building’s second floor lobby was redesigned, with new flooring, painting, and accent lighting. Access to the tenant areas on the second floor was made more welcoming with the installation of new glass entry doors.

“Waltham Place is a busy, active location for a diverse group of tenants,” said Denise Regan, senior project manager, Vantage Builders. “We were very mindful of their business and aimed at finishing the project as quietly, quickly and efficiently as possible. We were able to complete the entire project within four weeks, with minimal disruption to the tenants.”

275 Second Ave. is part of Waltham Place, a two-building campus owned by Rockwood and managed by Griffith. Ownership hired Vantage as part of its capital upgrade program for the buildings.

About Rockwood Capital LLC

Rockwood Capital, LLC is a real estate investment firm that provides equity capital combined with real estate expertise for repositioning, recapitalization, development and redevelopment of retail, hotel, residential, office and research and development space in key markets throughout the United States. Since 1990, Rockwood and its principals have invested on behalf of their clients approximately $16.1 billion of real estate through nine value-add vehicles and four separate accounts. Today, Rockwood is an 81 person real estate investment firm with offices in New York, NY, San Francisco, CA, Los Angeles, CA, and Seoul, Korea and manages a portfolio of approximately $2.6 billion of net equity value in approximately $8.1 billion of gross real estate value. Rockwood’s investors include public and private pension funds, endowments, foundations, insurance companies, fund of funds, high net worth individuals and family offices. For more information, visit www.rockwoodcap.com.

About Griffith Properties LLC

Griffith Properties, LLC is a real estate investment firm that employs extensive operating and investing experience to provide investors an attractive risk-adjusted return. Griffith invests in core plus and value-added office, industrial and R&D assets located in the Boston to Washington DC corridor. For more information, visit www.griffithproperties.com.

About Vantage Builders, Inc.

Vantage Builders offers contracting services to corporations, developers, property managers, retailers and private institutions throughout New England. Our standard construction services include general contracting and construction management. More comprehensive services include design/build and value engineering. In managing and building scores of commercial projects, we’ve found that versatility is key to our customers’ success. Our experience includes specialized tenant build-outs, standard property improvements, base building work and construction from the ground up. For more information, please visit www.vb-inc.com or follow us on Twitter: @VantageBldrs.

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The lion's share of the success of this project is due to the professionalism, creativity, and good humor displayed by Vantage throughout the project. They prepared multiple budgets for the owner as the design evolved, so that we could react promptly and avoid exceeding the budget. Vantage fully familiarized themselves with the existing base building systems, saving thousands by utilizing work in place where possible. They regularly offered ideas for lower-cost alternatives to proposed design features. Vantage also moved quickly to procure long lead and specialty items, kept the entire team up to date on status at our weekly meetings, and staffed the project appropriately to complete the job on time. Barbara Smith-Bacon, Vice President, Project Manager Berkeley Investments, Inc.

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Our Mission is to build a trusted and dependable construction company that services the New England marketplace. Vantage Builders supports these goals by managing our business with integrity, investing in our employees' development, and exceeding the expectations of our clients



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