Cambridge Crossing Lab Building Lands First Tenant
As life science companies retreat to established industry clusters in 2023, a new East Cambridge project landed a 62,000-square-foot lease for a new office, lab and incubator space.
DivcoWest Seeks to Replace Planned Office Space at Cambridge Crossing
The saga of Parcel Q2 at DivcoWest’s mega-development on the fringes of East Cambridge is continuing with a second use change proposed for the site.
Lab Developers Stake Out Submarkets
Using data from brokerages Newmark, JLL and Colliers International, plus information from tenant and landlord SEC filings and earnings presentations, Banker & Tradesman has compiled a look at who dominates some of the most active life science submarkets and what’s in the pipeline.
Cambridge Crossing Starts Next Lab Building
DicvoWest is beginning construction of a speculative 375,000-square-foot lab building at Cambridge Crossing to meet potential life science tenants’ space needs in early 2023.
Another Cambridge Crossing Lab Building Fully Leased
With an additional 113,000-square-foot commitment, Bristol Myers Squibb has spoken for all of the office-lab space in DivcoWest’s 250 Water St. development at Cambridge Crossing.
East Cambridge Offices Eyed for Lab Conversion
A $491-million loan from Blackstone Mortgage Trust will fund the acquisition and lab conversion of Charles Park One and Two in East Cambridge into life science space, according to a report.
Hot Property: 350 and 450 Water St.
John Moriarty and Assoc. and Consigli Construction have completed the framing work at 350 and 450 Water St. at DivcoWest’s 4.5 million-square-foot Cambridge Crossing development.
Cambridge Crossing Tops Off Sanofi Buildings
Construction crews marked a milestone in the development of Sanofi’s new U.S. research headquarters that will house 3,000 employees at Cambridge Crossing.
Cafe Beatrice Ushers in Cambridge Crossing Restaurant Scene
The first of three restaurants by chef Will Gilson has begun serving up an all-day menu including breakfast pastry, salads and sandwiches at 100 North St. in the Cambridge Crossing development.
Joint Venture Proposes Cambridge-Crossing Adjacent Lab Building
DLJ Real Estate Capital Partners and Leggat McCall Properties have teamed up again, this time to pitch a 9-story lab building along the McGrath Highway.
Cambridge Crossing Lands Another Life Science Research Hub
Bristol-Myers Squibb will consolidate a pair of Cambridge facilities at a new 504,000-square-foot office-lab building under construction at Cambridge Crossing, becoming the fourth major commercial tenant of the DivcoWest development.
How Intelligent Is Your Office Building?
The next time you’re in an office building, take a look around. Can you tell if you’re standing in a “smart” or “intelligent” building? What can you learn from the faces of the employees busily crisscrossing the lobby and corridors?
Construction to Start on New T Station at Cambridge Crossing
The last two stops on the Green Line will shut down for close to a year amid major work to renovate and expand the subway line, the MBTA announced Monday.
Cambridge Crossing Gets $434M in Financing
Developer DivcoWest has received $433.8 million in construction financing for a pair of new buildings at Cambridge Crossing, including a 479,000-square-foot speculative office, lab and retail building on parcel EF.
Single-Family Home, Condo Activity Surges in December, Sets Year-End Records
Massachusetts’ year-end single-family median sale price reached $400,000 for the first time on record in 2019.
East Cambridge Lab Rents Hit Triple Digits
East Cambridge maintained its position as the region’s top destination for lab tenants, with asking rents topping $101 per square foot triple-net in the fourth quarter.
Lab Leasing Drives Development into New Markets
Kendall Square has seen achieved lab rents top $125 per square foot on a triple-net basis, leading tenants, landlords and investors to look to secondary clusters nearby.
A Power Shift in Retail Real Estate
The integration of uses within most new, large-scale developments has led to an interesting dynamic in commercial real estate in recent years. The lines between asset classes have blurred.
Luminati Fills Up Cambridge Crossing Retail Building
A microdistillery and craft beer taproom has signed on as the final retail tenant at The Shed, the retail building opening next year at the 2.1 million-square-foot Cambridge Crossing development.
At Gaston Electrical, Everything is Illuminated
Before they occupy their new buildings, global corporations such as Amazon, Wayfair and Boeing rely on Gaston Electrical to provide them with reliable connections to the grid. Michael Weber and his brother William split the leadership duties for the company, which has 275 employees.
