Publicly-traded developer, owner and manager Boston Properties has secured a 138,000-square-foot, 10-year lease with Translate Bio, a clinical-stage messenger RNA (mRNA) therapeutics company, at 200 West Street in Waltham.
Boston Properties is currently redeveloping 200 West Street into a lab space with completion slated for 2021. When completed, the property will feature a full-service café, on-site fitness and conference facilities. The redevelopment features a number of modern lab spaces, including cold rooms and pilot labs, as well as chemistry and biology labs. With Translate Bio’s lease, the property is now 100% leased.
“We are thrilled that 200 West Street will be home to Translate Bio’s team of passionate professionals,” said David Provost, SVP of Development and co-head at BXP Life Sciences. “Translate Bio’s selection underscores our commitment to providing biotech customers the most flexible, modern and creative work environments to discover and develop therapies that increase wellness and improve lives. Their move to Waltham will facilitate the recruitment and retention of the best and brightest talent in this growing hub for life science.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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