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Adaptive reuse is well on its way to becoming a stand-alone asset class within CRE. We have the best and most comprehensive coverage for this topic, including news, profiles and strategies.
The buildings' large, flexible floorplates, floor-to-ceiling windows and energy-efficient mechanical systems will allow BioMed to convert them to life science uses.
"Our most successful problem-solvers are people who approach the problem from different viewpoints and perspectives and try to do it better than before. Key to all of this is effective and thoughtful communication."
Longfellow Real Estate Partners plans to convert the 250,000 office complex into a life science facility as nearly 200,000 square feet in leases turn over the next three years.
Converting brownfields to solar not only reshapes unused and contaminated land into revenue for the owner, it reduces dependence on fossil fuels, reduces electricity costs, helps meet clean energy goals, and assists in job creation.