The Town of Winchester Massachusetts

Winchester, Massachusetts is located in Middlesex County, eight miles north of downtown Boston. It is known as an affluent bedroom community for professionals in Boston and Cambridge. Winchester’s land was purchased in 1639 from Native Americans, with settlement beginning the next year, in 1640. The town was named in honor of Colonel William P. Winchester of nearby Watertown, who pledged $3,000 toward the construction of the first town hall. In the early 20th century, a rich mix of immigrants complemented the original population.

According to the United States Census Bureau, the town has a total area of 6.3 square miles (16.3 km²), of which 6.0 square miles (15.6 km²) is land and 0.2 square miles (0.6 km²) is water. The town is bisected by a central valley, the remnant of the original course of the Merrimack River. On its eastern third, the valley rises steeply into the wooded hills of the Middlesex Fells Reservation. The western edge of the valley yields to Arlington and Lexington Heights. To the north, the town's longest border is shared with Woburn.

A new Black Horse Tavern opened in Winchester Center in August 2010, on the site of the former Black Horse Bootery, which was demolished in 1892. According to the Massachusetts Historical Society, the town’s original Black Horse Tavern was built in 1742 and served as an important meeting place during the American Revolution.

From Our Blog

J. Butler Property Management, LLC. : Winchester, Massachusetts

As mentioned elsewhere on this website, property managers are typically on the front lines of lease negotiations. A provision often awarded to tenants that can become arduous for the landlord is the option to renew. An option provides the tenant with the right to extend its lease and creates an obligation for the landlord to accept the tenant\'s decision. Several conditions should be placed on the tenant\'s right to exercise an option. The tenant should not be in default of its lease, not have any major defaults during the term of the lease and a limited number of minor defaults. The option should be exercised during a specific period, typically between 180 to 240 days prior to the expiration date of the lease. If the rent during the option period is adjusted to market rate there should be a description of comparable properties and where they must be located, for example, space between 5,000 and 10,000 square feet not on the ground or top floor of a Class B office building of five to 15 stories located in such-and-such an area of a particular city. A map would be included as an exhibit that would outline the specified area. Ideally, the option would not be assignable but this is difficult to obtain. If the tenant is a retailer, the option could be based on sales for the last two years of the lease term exceeding a specific dollar amount or the tenant paying percentage rent during that period. An experienced property manager and leasing agent is capable of negotiating the best leases for the landlord or owner.