Nokia’s regional headquarters sold

Mobile phone maker to continue tenancy

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Behringer Harvard REIT I Inc. announced it paid an undisclosed price for 5 & 15 Wayside, two interconnected four- and five-story office buildings in Burlington, Mass. Constructed in 1999 and 2001 respectively, 5 & 15 Wayside were built-to-suit for the original and current single tenant, Nokia. Serving as Nokia's Northeast regional headquarters, the buildings provide approximately 270,000 square feet of fully leased space. Five & 15 Wayside is situated alongside Route 128/I-95 approximately 12 miles northwest of Boston. Behringer Harvard REIT I Inc. also owns assets in Chicago, Atlanta, Houston, Denver, Philadelphia, Washington, D.C., Baltimore, Minneapolis and Los Angeles, among other cities. ...