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Boston & New England  + Massachusetts  + Industrial  | 

Andover Life Science Redevelopment Adds 42K-SF Leasing 

Celera Properties and True North Management Group have completed the first phase of their life science redevelopment project at 600 Federal Street in Andover, Massachusetts.  

The 250,000-square-foot campus in the Andover Technology Park has undergone core and shell redevelopment to accommodate power upgrades and lab-ready base-building improvements, as well as a new facade, spec lab suites, and common areas.  

The project has secured 42,000 square feet of leasing activity across four tenants, including Univercells N.A, which established its US headquarters at the property. The next phase, set for delivery in summer 2024, will include two additional market-ready lab suites and additional shell space. 

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Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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