High-rise commercial buildings

Sub Markets

Property Sectors

Topics

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.

Boston & New England  + Metro Boston  + Industrial  | 
Industries that rely on innovation, including life sciences and advanced manufacturing, will drive commercial real estate recovery, says JLL.

Skanska Awarded $125M to Complete Life Science Facility in Woburn

Boston-based Skanska has been awarded a $125-million contract from CONTINUUS Pharmaceuticals to complete a new manufacturing facility in Woburn, MA. Construction activities are underway, and the project is on schedule for completion in the second quarter of 2023.

When completed, the facility will mitigate hospital and pharmacy shortages of critical drugs.

Skanska is building the CONTINUUS facility in an existing 50,000-square-foot shell space and facilitating renovations to the building, including a new two-story, approximately 50,000-square-foot addition with a third-floor penthouse.

Skanska will also construct a new utility structure featuring extensive supporting equipment, as well as a new dunnage system to support a modular air handling unit penthouse. Features of the facility’s functional area include just-in-time warehousing, sampling, weighing, API synthesis spaces, OSD product and aseptic fill-finish spaces, inspection, terminal sterilization, utility generation and support spaces. The site will also include two loading docks, a tank farm, waste tanks and solvent lockers.

Connect

Inside The Story

Skanska

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.