Boston & New England CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Related Beal, Jamestown Ink Nine Leases Worth 260K SF in Boston’s IDB
Related Beal and Jamestown have signed 260,000 square feet of life science leasing at the Innovation and Design Building located within the Raymond L. Flynn Marine Park in Boston’s Eastern Seaport neighborhood. The deals involve the conversion of office space into lab facilities.
The leases are expected to bring more than 700 jobs to the area and include:
- Entrada Therapeutics, 81,400 square feet
- Shape Therapeutics, 36,500 square feet
- Jnana Therapeutics, 36,400 square feet
- Ratio Therapeutics, 19,000 square feet
- Vedere Bio II, 18,900 square feet
- Seeker Biologics, ~18,300 square feet
- Elektrofi, 18,200 square feet
- Aktis Oncology, 17,900 square feet
- Hotspot Therapeutics, 17,300 square feet
Jamestown purchased The IDB in 2013 and invested more than $200 million in the revitalization of the building. Since the announcement of Jamestown’s joint venture with Related Fund Management in 2020, the firms have invested substantially more to further enhance the property and attract and retain research-based life science and creative companies.
The IDB is now home to the Boston Design Center and a mix of companies including architecture and creative studios, manufacturing, research and development firms and technology startups.
- ◦Lease
