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Celera Properties Readies Andover Acquisition for Office-to-Lab Conversion
Boston-based Celera Properties has acquired 600 Federal Street in Andover with intentions of converting the 120,000-square-foot building, comprised of mostly office space, into lab-ready space. Timberline Construction Corporation has been retained to build out the office-to-lab conversion.
This repositioning project will convert the entire building into lab-ready space. Later this year there will be two fully functional spec lab suites available with 50/50 office to lab space. The space is being outfitted with new supply and exhaust air handling units, pH neutralization facilities and connections along with a new boiler plant.
The lab fit-out is being designed by Vivo Architecture and AHA Engineers is the MEP partner on the project. For availability and property information, JLL Boston is the leasing broker on the property, which is due for completion in fall 2022.
- ◦Sale/Acquisition