Burlington Lab Conversion Gets $87M in Financing
The new owners of a Burlington office building received $87 million to convert the property into 175,000 square feet of life science space.
The new owners of a Burlington office building received $87 million to convert the property into 175,000 square feet of life science space.
Responding to concerns by residents and elected officials, a proposed lab conversion in Boston’s Fort Point would locate some new mechanical equipment on the individual floors to reduce the presence of rooftop systems.
A pair of Fort Point office buildings have been moved into Boston’s life science pipeline after one was sold and conversion plans for another were filed with city officials.
A Fort Point office building has been sold to a San Francisco investor for $74.6 million with plans for a lab conversion.
A San Francisco real estate investor that recently announced plans to buy tech and life science properties has acquired a Fort Point office building for $74.6 million.