BPDA Delays Fort Point Lab Conversion
Boston Planning & Development Agency directors approved over 480,000 square feet of real estate projects Thursday, while putting the brakes on a proposed lab conversion in Fort Point.
BXP Seeks More Lab Space in Lexington
As it pivots from office to suburban life science projects, Boston Properties is proposing a redevelopment of a Lexington office park to create 425,450 square feet of office and lab space.
New Owners Plan 140K SF Lab Conversion in Westwood
The new owners of a Westwood office building are set to begin a lab conversion that would become available to life science tenants in 2023.
Life Science Developer Buys DTX Property for $107M
A high-visibility Downtown Crossing office building could become one of Boston’s next lab conversions following a $107-million acquisition.
155K SF Lab Conversion Approved for Atlantic Ave. Offices
An office building across from Boston’s South Station will become life science research space after a developer confirmed no high-risk infectious disease research will be conducted.
Davis Cos. Gets Partner, Tenant for Wellington Lab Conversion
A New York investor has joined the ownership of two Davis Cos. properties, including a Wellington Circle lab conversion that recently secured its first life science tenant.
Life Science Developer Buys Independence Wharf for $238M
A firm that’s converting three Boston office buildings into life science space has completed its largest acquisition to date in a $238 million deal for the Independence Wharf property.
Developers Get Financing for Andover Lab/GMP Project
A pair of 1990s-era office buildings are set for conversion into a nearly 234,000-square-foot life science complex in Andover.
Fort Point Property Sells for $75M as Life Science Play
A Fort Point office building has been sold to a San Francisco investor for $74.6 million with plans for a lab conversion.
Revolution Labs Lands First Lease
The Revolution Labs speculative life science conversion in Lexington has received its first lease commitment from a publicly-traded biotech company.
Nan Fung Buys 2 Financial Center for $210M
A life science developer that specializes in speculative lab suite conversions has made its third and largest acquisition in Boston with the $210 million purchase of 2 Financial Center.
Seaport Lab Construction, Conversion Get Go-Ahead
Boston Planning & Development Agency officials approved two new life science projects in the Seaport District, including one that’s already landed an anchor tenant, and construction of 255 housing units.
Oxford Proposes 155K SF Lab Conversion
The departure of anchor tenant WeWork is providing the impetus for the latest proposed office-to-lab conversion in downtown Boston.
Breakthrough Buys East Cambridge Property for $133M
A life science developer that’s partnering on Harvard University’s next Allston project is adding an East Cambridge office property to its real estate portfolio.
544 Housing Units, Two Lab Projects Approved by BPDA
Boston Planning & Development Agency officials approved proposals to build 544 housing units and conversion of a pair of commercial buildings in South Boston and the South End into laboratory space.
Alexandria to Buy East Cambridge Offices for $815M
Life science developer Alexandria Real Estate Equities is finding new opportunities for growth in the Cambridge industry epicenter with an agreement to buy the One Charles Park and One Rogers Street office buildings for $815 million and convert them to lab space.
Former GE HQ Marketed for Lab Conversion
A Fort Point office building that served as General Electric’s headquarters when it moved to Boston is being marketed for a potential life science conversion.
BXP Expands Suburban Lab Portfolio with $100M Buy
Boston Properties added to its suburban life science portfolio with the $100 million acquisition of a pair of Waltham lab properties totaling 153,000 square feet.
Local Office-to-Lab Conversions Approach 8M SF
A 7.8-million-square-foot pipeline of office building conversions to lab-ready space accounts for nearly 30 percent of Greater Boston’s life science inventory, exceeding the national average for commercial real estate markets.
Greatland Pays $66M for HIP District Property
Greatland Realty Partners is the first developer to respond to the town of Lexington’s Hartwell Innovation Park (HIP) rezoning with its acquisition of a four-building, 289,000-square-foot complex.
