News

Genetic Engineers Take New HQ Space In Kendall Square

Intellia Therapeutics, a gene editing firm, has moved its HQ into 40 Erie St, taking 65k SF of the former Vertex Pharmaceuticals space near Kendall Square. The company plans to double the number of employees to more than 200 at the location, the Boston Business Journal reports. Intellia will maintain operations at its 15k SF facility at 130 Brookline St in Cambridge.

The space is in a three-building complex that BioMed Realty Trust redeveloped and rebranded as Sidney Research Campus. Intellia is notable not only for its work in biotech, but also for its IPO in April, which fetched it $163M (including $55M from Novartis and Regeneron). That's the largest biotech IPO of the year in Massachusetts so far. [BBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Boston Newsletters
Related Stories

Alexandria Sells Cambridge Lab Condo Units For $45M

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

Developers Line Up To Convert Boston Offices To Housing, But Most Still Stuck At Starting Gate

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

State's High Court Allows $325M Boston Soccer Stadium Project To Proceed

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

AvalonBay, Equity Residential Selling Boston Towers As Part Of Merger Settlement

Suburban Industrial Campus Trades For $47M: The Boston Deal Sheet

Judge Rules FBI Can't Scrap Maryland Headquarters Plan