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It's an example of how life sciences developers who stopped spec development projects have placed themselves in a great position.
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Leasing volume and activity has slowed at Flatiron Park after BioMed Realty spent big on the property.
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The life sciences developer acquired the site as part of a master lease agreement with seller MIT that expires in 2099.
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BioMed secured the refinancing deal for its 1.3M SF University Park at MIT life sciences campus.
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The life sciences landlord claims SmartLabs owes $2.7M in late rent payments and fees at its 21 Erie St. location.
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A firm is suing BioMed Realty and Cresset Development for $22M over an allegedly breached obligation stemming from BioMed's new development plans.
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BioMed had acquired the two-building South End property in 2021 with plans to convert it from office to labs.
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Biotech Monte Rosa Therapeutics has entered an agreement for 63K SF at BioMed Realty's office-to-lab project at 321 Harrison Ave. in Boston's South End.
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A nexus of healthcare can support fine dining, according to a prominent local chef.
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