Earlier this year, CBRE announced it was selected to market the former Reebok campus in Canton.

WATERTOWN, MA—A total of five buildings and development sites have been added to MassEcon's ReadyMass 100 portfolio, including the former Reebok campus in Canton, MA and Related Beal's ISQ Seaport development.

MassEcon reports the three buildings added to the ReadyMass 100 inventory are: MIT's 314 Main St. in Cambridge, at 345,000 square feet; the planned 375,000-square-foot ISQ Seaport (Innovation Square) lab project and the 680,000-square-foot former Reebok headquarters in Canton.

Related Beal broke ground in late 2016 on the first phase of the ISQ Seaport project being marketed by JLL. Reebok announced late last year it would relocate its corporate headquarters from Canton to more than 200,000 square feet of space at 25 Drydock Ave. in the Seaport District of Boston later this year.

Earlier this year, CBRE announced it was selected to market the former Reebok campus in Canton. In total, there is approximately 680,000 square feet of existing space in four buildings. The 65-acre campus consists of a 518,000-square-foot main-headquarter building and several smaller support buildings, as well as two structured parking facilities, an indoor basketball court and fitness facility, several athletic fields and a modern childcare center. CBRE's Dave Pergola and Brian Doherty are spearheading the effort for Reebok and parent company Adidas.

The two new land sites added to the new ReadyMass 100 list were 97 acres in Charlton, with potential development of 800,000 square feet and 44 acres in Taunton, with potential development of 200,000 square feet. Some of the available large sites on the new ReadyMass 100 inventory that can support significant buildable development include 40 acres in Chicopee, 95 acres in Fall River, 46 acres in Devens, another site of 23 acres in Devens, 70 acres in Grafton and 146 acres at Patriot Place in Foxboro.

“There is no better way to attract and expand companies in Massachusetts than having a supply of large, well located, shovel-ready sites to showcase,” says Jay Ash, Executive Office of Housing and Economic Development Secretary. “The Baker-Polito Administration is providing vital resources needed to municipalities, developers and community development corporations to jump-start infrastructure work and increase the inventory of green sites across the Commonwealth.”

At the beginning of 2017, the ReadyMass portfolio listed 80 properties. It currently features 74 properties. Only 13 of the 74 locations on the ReadyMass 100 list can support development of 500,000 square feet or more.

“The ReadyMass 100 portfolio sends a concrete message to the marketplace that Massachusetts can meet the real estate needs of growing companies in all parts of the state,” says Susan Houston, executive director of MassEcon. “These properties are zoned and permitted and so are particularly appropriate for companies where timing is often an imperative.”

MassEcon's ReadyMass 100 program began in 2009, and more than nine million square feet of new businesses have taken space in properties that have been listed. Since January 2017, 10 companies have located at sites that were part of the ReadyMass 100 inventory, including Imperial Distribution in Worcester, at 325,000 square feet; Insulate in Acton, at 195,000 square feet; Marriott in Worcester, at 117,000 square feet; and MS Walker in Norwood, at 363,000 square feet.

Instant Insights /

Former Reebok HQ Added to ReadyMass 100 Portfolio

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