May 25, 2017
Cambridge, MA-based King Street Properties broke ground on 828 Winter St. in Waltham, MA, the market’s first speculative laboratory. The 144,910-square-foot lab and office building is scheduled for completion in mid-2018.
In August 2015, King Street Properties purchased 830 Winter St., a fully leased, 185,000-square-foot, Class A laboratory building with an adjacent development site for 828 Winter St. Upon completion, the two-building campus will encompass 330,000 square feet, making it the largest multi-tenant lab campus outside Cambridge.
King Street Properties’ Tyson Reynoso says, “Since 2006, employment in Greater Boston’s life sciences industry has grown by 32%, but new lab construction has not kept up with demand. This best-in-class suburban life sciences campus with urban amenities will meet that demand.”
Transwestern Consulting Group’s Eric Smith and Jon Varholak will provide leasing services for the building.
For comments, questions or concerns, please contact Dennis Kaiser