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CAMBRIDGE, MA-Skanska USA is closing on development rights for 150 Second St. The permitted project boasts a 120,000-square-foot lab/R&D project that will measure three stories. The proposed property was conceptualized by previous owners Bent Street Land Company LLC and designed by Elkus Manfredi Architects. Bent Street was an investment partnership sponsored by Spaulding & Slye Investments.

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