X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CAMBRIDGE, MA-Three firms have signed on to take a total of 76,000 sf of space at offices and laboratories here and in Lexington and Waltham. In the largest transaction, Idenix Pharmaceuticals Inc. signed on for 37,000 sf here at One Kendall Square in Building 1400. The four-and-a-half-year lease with Lincoln Properties represented a continued expansion for the biotech firm, which also leases space totaling 80,000 sf at 60 Hampshire St. and One Kendall Square, both in Cambridge.

In Lexington, ActivBiotics Inc. took 17,800 sf at 110 Hartwell Ave. under a three-year arrangement that allows the firm to move from its former location at the Ledgemont Center at 128 Spring St., in Lexington into laboratory and office space owned by Glenborough Realty Trust. BG Medicine Inc., formerly located at 40 Bear Hill Rd. in Waltham, has signed on to take 21,000 sf under a three-year sublease at the Hobbs Brook Office Park, 610 Lincoln St., also in Waltham.

All three tenants were represented by Richards Barry Joyce & Partners LLC. The real estate brokerage firm also represented owner Glenborough. In the Waltham transaction, sublessor GPC Biotech Inc. was represented by CB Richard Ellis/Whittier Partners, while the Cambridge negotiations were handled by owner Lincoln Property Co.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.