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JV of Botanic Properties, Bain Capital Breaks Ground on Biomanufacturing Facility
GenesisM, a joint venture between Bain Capital Real Estate and Botanic Properties, broke ground on its 154,000-square-foot Class A biomanufacturing facility at 45 Crosby Dr. in Bedford, MA. The JV said the project represents a significant step forward in addressing the critical need for purpose-built life sciences
manufacturing infrastructure in the Greater Boston region.
“This groundbreaking marks a major milestone in the evolution of GenesisM,” said Joshua Zinns,
managing principal of Botanic Properties. “We are proud to advance our mission of delivering flexible,
capital-efficient biomanufacturing facilities that help companies bring innovative therapies to market
faster and more efficiently. We are particularly pleased to be able to deliver this project in Bedford, MA,
which is one of the most forward-thinking communities for life science and technology companies.”
Construction is currently underway, with tenant fit-out commencing as early as the second quarter of 2026 and final core and shell delivery expected in Q3 2026. Barings provided financing for the project.
- ◦Development



