In The News

King Street develops 161,000 SF purpose-built life science building in Cambridge

King Street Properties and Healthpeak Properties celebrated with a grand opening of its new premier life science facility at 101 Cambridgepark Drive in Cambridge, Massachusetts.

http://kingstreetproperties.com/wp-content/uploads/2023/05/5-22-23-boston-real-estate-times-ks-develops-161000-sf-purpose-built-life-science-building-in-cambridge.pdf

Electric Hydrogen Co. Leases 187,236 SF Manufacturing Space at Pathway Devens

King Street Properties announced that clean energy firm Electric Hydrogen Co. has leased 187,236 square feet of manufacturing space at Pathway Devens, located at 33 Jackson Road in Devens, MA.

http://kingstreetproperties.com/wp-content/uploads/2023/05/5-4-23-boston-real-estate-times-electric-hydrogen-co.-lease.pdf

Plenty of room: Central Mass. developers seek to lure life science companies westward

Developers and brokers are using multiple strategies to bring life sciences companies out past Route 128 in Massachusetts.  They cite less expensive real estate, a strong talent pool, shorter commutes, and increasing amenities like culture, sports, and food as reasons to set up shop in Central Massachusetts.

http://kingstreetproperties.com/wp-content/uploads/2023/04/4-25-23-plenty-of-room-central-mass.-developers-seek-to-lure-life-science-companies-westward-worcester-business-journal.pdf

Long Island City Booming

When developer King Street Properties expressed interest in bringing a life-science building to New York’s Long Island City neighborhood in 2016, it was two years before Amazon pinpointed the area as a potential home to its eagerly anticipated HQ2.

http://kingstreetproperties.com/wp-content/uploads/2023/03/long-island-city-booming-even-without-amazons-hq2-new-york-business-journal.pdf

NYC life sciences notched second record year in 2022

New York City’s broader office market is still charting its path in the wake of the pandemic, but the life sciences sector enjoyed two straight boom years.

http://kingstreetproperties.com/wp-content/uploads/2023/03/3-14-23-nyc-life-sciences-notched-second-record-year-in-2022.pdf

Beacon Hill OKs New Frontiers for Devens Growth

New Chance to Expand an End-to-End Ecosystem

http://kingstreetproperties.com/wp-content/uploads/2023/02/2-5-23-beacon-hill-oks-new-frontiers-for-devens-growth-banker-tradesman.pdf

More News

01/09/2023 – GSK Expands By 155K SF at 200 Cambridge Park Drive

11/09/2022 – King Street Leases Additional 107,000 SF at Lexington Campus to Dicerna Pharmaceuticals

10/19/2022 – Construction kicks off at $915M mixed-use project in Allston

09/27/2022 – Developer kicks off 1 million-square-foot Morrisville campus for biomanufacturing

09/25/2022  – Biden Initiative Will Accelerate Reshoring of Biomanufacturing

05/03/2022 – Developer lands first tenant at Devens biomanufacturing campus

09/22/2021 – Brookfield Forms Strategic Partnership with Boston-Based King Street Properties

09/21/2021 – Boston firm snags 75 acres in Morrisville ready for up to 1M square feet of development

03/03/2021 – MIT energy startup homes in on fusion, with plans for47-acre site in Devens

12/08/2020 – Oxford Buys Carlyle, King Street Assets; MW Deals Via Colliers Hit $153M

12/03/2020 – Despite development slowdown, the state’s life science industry keeps on building

11/19/2020 – King Street plans $500M biomanufacturing campus in Devens

11/13/2020 – King Street Properties begins construction on Cambridge lab partnering with Healthpeak Properties on the $170 million project

10/28/2020 – MassNextGen 2020 Announcement

10/06/2020 – Why a Boston developer is betting big – $125 million – on Morrisville

09/09/2020 – King Street Properties Announces Full Occupany at 75 Hayden Street

12/10/2019 – King Street, NYCEDC, LIC Partnership and others celebrate groundbreaking of new life-sciences space in Long Island City

12/06/2019 – Innolabs Project Breaks Ground with New State-of-the-Art Life Sciences Facility in Long Island City

11/25/2019 – New York Is Pumping Money Into Life Sciences To Try Catching Boston, San Francisco

10/17/2019 – New York City’s Evolving Infrastructure: Expanding the Life Sciences Sector

09/11/2019 – MassNextGen named finalist for 2019 Xconomy Awards

06/24/2019 – Sanofi Genzyme Sells Property to Life Science Developer for $20.5M

03/25/2019 – King Street Named Landlord of Year by the Greater Boston Commercial Brokers Association

11/07/2018 – Here’s What King Street’s New Life Sciences Campus in Allston Would Look Like

11/07/2018 – Will a New Biotech Cluster in Boston Challenge Kendall Square?

10/25/2018 – Massachusetts Life Sciences Center Initiative for Women Entrepreneurs Gains New Partners

09/25/2018 – Carlyle Divests Winter Street Lab Stake in $240M Trade to Morgan Stanley

08/31/2018 – Allston Properties Eyed for 560K SF Life Science Complex

08/30/2018 – Life Sciences R&D Complex Proposed Near Harvard’s Allston Campus

08/23/2018 – Biotech Firms Are Racing to New Clusters Outside of Cambridge

08/09/2018 – Inside Concert Pharma’s new HQ in popular Lexington biotech campus

07/09/2018 – Biotech Firm Leases Former Newspaper Offices

06/19/2018 – Collaborative Zoning at Work in Hartwell Initiative

05/08/2018 – King Street, HCP Fill 70,725 SF at Hayden Research Campus 

04/22/2018 – Building Ahead of the Market

12/15/2017 – REIT Makes $249M Bet On Life Science in Lexington

11/06/2017 – HCP Reenters Greater Boston Life Science Race with King Street Properties JV

10/31/2017 – Kendall Squeeze: How Developers Can Handle the Wave of Boston’s New Life Science Companies

05/24/2017 – King Street Properties Breaks Ground on Speculative 145,000 SF Laboratory Building

05/20/2017 – Boston Globe: Tight Life Sciences Lab Market Spurs Speculative Building in Area

04/20/2017 – Celgene to Expand in Cambridge, Taking Former Amgen Space

03/29/2017 – Greater Boston’s Strong Lab Market Charges into 2017

11/30/2016 – King Street Acquires Former Merck Campus

11/15/2016 – 200 Cambridge Park Drive Named 2016 TOBY Lab Building of the Year

11/04/2016 – Lexington Spec Lab Building Lands Anchor Tenant

08/26/2016 – Hard to Discover Any Vacant Lab Space in Greater Boston

07/29/2016 – King Street Recapitalizes 733 Concord Avenue

02/29/2016 – Growth at King Street

02/23/2016 – Opportunity Abounds in Alewife

02/17/2016 – Kendall Square Dominates Life Sciences. Will it Last?

02/01/2016 – WAVE, Whose IPO Bucked the Recent Trend in Biotech, Lays out Strategy

01/31/2016 – Backed by $77M in Funding, Cambridge Biotech Moves from Incubator to Office

01/12/2016 – Tight Lab Market Forces Life Science Firms to Make Hard Choices

01/07/2016 – Globe St: King Street Properties’ Risk Pays Off Big

01/06/2016 – BBJ: King Street Deal Caps Selling Bonanza Along CambridgePark Drive

01/05/2016 – Boston Globe: Cambridge Lab Space Doubles in Worth in 18 Months

11/11/2015 – WAVE Life Sciences Sneaks into the Market with IPO

11/04/2015 – Bisnow: Cambridge is a 5-Tool Town

10/28/2015 – The First Ever Spec Lab in the ‘Burbs

10/27/2015 – KSP Breaks Ground on 115 Hartwell Avenue

10/27/2015 – Lexington Developer Launches New Lab Building for Life Science Firms

08/05/2015 – Globe St: King St. – Carlyle JV Pays $104M for Office-Lab

08/04/2015 – Banker & Tradesman: Waltham Office Complex Sold for $104.2M

07/11/2015 – Grant shares news on Hartwell Avenue development project

04/07/2015 – Shaping the Built World

3/30/2015 – King Street Shines A Light On Suburban Lab Market

 03/24/2015 – Drug developer eyes new hires, details rent for new Cambridge space

 03/11/2015 – New building, garage proposed for Hartwell Ave. 

 03/10/2015 – 6 Ways for Boston to Dominate in Life Sciences

 02/27/2015 – Dicerna Pharmaceuticals Announces Move to Larger Office and Lab Space in Cambridge 

 02/27/2015 – Dicerna Doubles in Size and Moves to West Cambridge – BBJ 

 01/29/2015 – Boston Life Science Smashes Barriers 

 10/5/2014 – Some biotechs decamp for Lexington, seeking room to grow 

09/24/2014 – Quanterix Corporation Expands at 113 Hartwell Ave in Lexington, Massachusetts

07/18/2014 – A New Heart for Life Sciences

07/16/2014 – Dicerna plans to relocate to Cambridge

07/08/2014 – The Boston Globe: KSP gets financing for lab development project in Alewife

03/20/2014 – Real Reporter: 44 Bromfield Sale

02/27/2014 – Real Reporter: King Street to Buy Pfizer Cambridge CRE for Near $60M

08/13/2013 – Real Reporter: KSP Lands Dutch Firm for 53,000SF HQ

07/30/2013 – uniQure Announces 55,000 SF build-out at 113 Hartwell Avenue 

07/29/2013 – uniQure Signs 53,343 SF at 113 Hartwell Avenue

05/29/2013 – Sekisui Diagnos Leases 18,707 SF at 4 Hartwell Place

02/20/2013 – SynapDx Corporation And Promedior, Inc. Leases Signed 

01/10/2013 – Quanterix Expands into 19,802 SF at 113 Hartwell Avenue 

08/16/2012 – CB Richard Ellis/New England announces the sale of 101 Hartwell Avenue

01/13/2012 – Real Reporter: Lexington Lab Lure Continuing

01/10/2012 – King Street Properties Acquires 4 Hartwell Place 

11/19/2010 – King Street Properties acquires 113 Hartwell Avenue

08/16/2010 – King Street Properties acquires 101 Hartwell Avenue

200 CPD Renovations (78970 KB Video)