Gibson Sotheby’s International Realty is presenting a 1.3-acre transit-oriented parcel on Boston Avenue in Medford as an opportunity for R&D, life science, and biotech developers.
Situated half a mile from Tufts University campus, the Tufts Corner project offers 250,000 square feet of Class A space with by-right entitlements. It boasts access to I-95 and I-93 highways, as well as proximity to various restaurants and retail services in Boston, Cambridge, Medford, and Somerville.
“The City of Medford is very much committed to seeing a commercial development on the Boston Avenue site, specifically for life science and biotech,” added Alicia Hunt, director of Planning, Development & Sustainability for the City of Medford. “The City Staff and City Council worked collaboratively to rezone the district to allow for density required by modern lab development. We are excited to welcome new investment to Medford.”
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.