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Jumbo Capital and Apollo Global Management have signed a lab space lease with Fractyl Health at GenLabs in Burlington, MA.

Fractyl Health Doubles Lab Space with 78K-SF Lease at GenLabs in Burlington

Building owners Jumbo Capital and Apollo Global Management have inked a 78,000-square-foot lab space lease with Fractyl Health at GenLabs, a life sciences property in Burlington, MA.

The CBRE team of Alex Plaisted, Ryan Romano and Tom Hovey of CBRE negotiated on behalf of ownership; Austin Barrett at T3 Advisors represented Fractyl Health.

Fractyl Health, an organ editing metabolic therapeutics company pioneering a new approach to the treatment of type 2 diabetes, has committed to part of the second and entire third floors of the complex and will relocate its operations from 17 Hartwell Avenue in Lexington, MA where it occupies 30,000 square feet of space. Fractyl Health anticipates it will occupy the Burlington space in the last quarter 2023.

Totaling 320,000 sq. ft., GenLabs totals 320,000 square feet and is currently being renovated into a Class A lab building. The property boasts 16’+ ceilings, private terraces, private landscaped courtyard, gym and cafeteria.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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