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Three Life-Science Tenants Grab 100K SF in Malden’s Exchange 200 Ahead of Completion
Boston, MA-based Berkeley Investments and partner Singerman Real Estate have inked three new lease deals with life-science and lab/R&D companies to occupy 100,000 square feet at Exchange 200 in Malden, MA.
- Discovery, 53,000 square feet (represented by Colliers)
- Outer Biosciences, 15,000 square feet (represented by Cushman & Wakefield)
- Anonymous, 22,000 square feet
JLL represented ownership in all three lease negotiations.
The Exchange 200 is a four-story, 352,000-square-foot mixed-use building that is currently being converted and modernized to Class A lab and life sciences-ready space. Construction on the conversion is expected to be completed this fall.
Recent modern upgrades to the development to bring the entire building up to Class A lab standards include HVAC and MEP systems, an emergency generator and a centralized pH neutralization system. Existing infrastructure which boasts seven loading docks including two with secure, private load-in, freight elevator, fitness center, bike storage with repair station, redundant power capabilities and fiber access.
Photo courtesy Berkeley Investments
- ◦Lease
