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