R.W. Holmes Commercial Real Estate has been selected as the exclusive leasing agent for 846 University Ave., a Class A office building in Norwood, MA. The property, long known as the former headquarters of National Amusements and Showcase Cinemas, is being brought to the multi-tenant leasing market for the first time since 2006.
Assistant vice president Michael Fahy of R.W. Holmes noted that current office users are prioritizing quality space, strong accessibility, and value that supports both business operations and employees. He said 846 University Ave. aligns with those requirements, positioning the asset as a compelling option for companies seeking to establish or expand their footprint within the 128 south market.
The building came under new ownership in May 2026, when Falconi Properties acquired the asset. Following the change in ownership, a program of major upgrades and improvements is now underway, signaling an effort to reposition the property for today’s office demand. The specific scope of improvements was not disclosed, but the work is intended to enhance the property’s competitiveness among Class A offerings in the area.
R.W. Holmes and Falconi Properties are marketing the building to a diverse mix of users, including traditional office tenants, medical users, and Flex/R&D occupiers. Available configurations range from smaller suites of approximately 4,000 square feet up to a potential full-building opportunity of about 60,000 square feet, allowing for both single-tenant and multi-tenant scenarios.
The property’s location in the heart of the 128 south market is being emphasized as a key advantage, particularly for tenants seeking regional access and visibility. By combining Class A space, planned capital improvements, and flexible suite sizes, ownership and the leasing team aim to capture demand from a broad segment of occupiers evaluating options in the suburban Boston office market.
The relaunch of 846 University Ave. under new ownership and a dedicated leasing platform underscores ongoing reshuffling within the office sector, as former single-tenant headquarters properties are repositioned to serve a wider base of users. How quickly the available space is absorbed will offer a data point on tenant appetite for upgraded, well-located Class A product in this segment of the market.
