
LINX Labs Seek Expansion in Watertown
The owner of one of the first major life science developments in Watertown has proposed a second building that would bring the combined complex up to 290,000 square feet.
The owner of one of the first major life science developments in Watertown has proposed a second building that would bring the combined complex up to 290,000 square feet.
The initial tenant of a speculative Watertown lab development is more than doubling its space after recently reporting progress on its drug development pipeline.
Job growth in the life science and e-commerce sectors spurred some of the decade’s largest lease deals in Greater Boston during 2018, sweeping aside notions of a real estate cycle that’s run its course. The space crunch reflects another big year for the office market, with 2 million square feet of positive absorption in Boston.
A speculative life science complex in Watertown that demonstrated the industry’s willingness to grow in Boston’s inner-ring suburbs has been sold for $157.6 million.