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Collegium Pharmaceutical Signs with DivcoWest in Boston’s Financial District

DivcoWest said Monday that Collegium Pharmaceutical has signed a headquarters lease for 40,288 square feet on floors 11 and 12 at One Lincoln in Boston’s Financial District, relocating from suburban Stoughton, MA. Slated for the first quarter of 2027, Collegium’s arrival adds a life science presence to a tenant roster that already spans several industries at the 36-story, 1.1-million-square-foot office tower, which underwent a redevelopment in 2025.

“This relocation reflects a broader trend we’re seeing across Greater Boston,” said Justin Dziama, principal at Avison Young, who represented Collegium with colleague Connor Hayes. “As market conditions have shifted, companies are taking advantage of the opportunity to upgrade their workplace experience, improve accessibility for employees and establish a stronger presence in the urban core. For Collegium, One Lincoln provided the chance to accomplish all of those goals in one move.”

Added Newmark executive managing director Gil Dailey, “Collegium’s lease underscores the momentum behind One Lincoln and the continued demand for well-located, highly activated office environments.” Dailey and Newmark executive managing director Dave Martel represented DivcoWest.

Read More News Stories About: Avison Young, Newmark
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Avison Young's Dziama

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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