Lexington Lab Complex Gets Two Leases
Two new tenants have committed to nearly 50,000 square feet at a Lexington property that was converted into lab space in the previous decade by Boston-based Griffith Properties.
Two new tenants have committed to nearly 50,000 square feet at a Lexington property that was converted into lab space in the previous decade by Boston-based Griffith Properties.
Burlington officials hope to encourage up to 4.4 million square feet of new development and a new series of connections between properties in and around the town’s mall. Area landlords are watching intently.
Another Cambridge biotech is following the well-trodden path from a Kendall Square incubator to its own dedicated lab space at a new Watertown development.
The $21.5 million acquisition of a Watertown industrial property will give Griffith Properties an opportunity to convert the building into life science space.
Griffith Properties has acquired a five-building industrial portfolio on the outskirts of Boston for $76 million.
A publisher of tax software for businesses has opted to keep its headquarters in Wilmington after negotiating a lease restructuring.
AEW and Boston-based Griffith Properties have acquired 1 Technology Drive in Peabody, a 186,591-square-foot cold storage distribution facility, for $21.7 million.
Health care tech firm AllScripts has inked a 44,000-square-foot lease renewal and expansion at Griffith Properties’ One Burlington Woods office building to accommodate its growth in Greater Boston.
An office-to-lab conversion paid off for Rockwood Capital at Waltham Place, a two-building complex at 266-275 Second Ave. in Waltham that it acquired in May 2013 for $34.5 million.