News: Front Section
Posted: November 12, 2021
Erland Construction chosen by The Davis Cos. to build 3-story lab building with Jacobs
Cambridge, MA Erland Construction announced that The Davis Companies has selected the firm to construct 101 Smith Place–a 165,000 s/f cutting edge three-story lab-ready facility. 101 Smith Place will be part of The Davis Cos.’ growing life science campus referred to as The Quad. The Quad consists of four new and redeveloped life science/lab/R&D buildings including 75 Moulton St. which Erland completed for The Davis Cos. in 2017.
“We are excited to be partnering with The Davis Companies on this latest addition to The Quad,” said Steve Craft, corporate, commercial group manager, Erland. “This building will help sustain the future growth of the life science market in Cambridge and we’re thrilled to be a part of it.”
From start to finish, construction of the 3-story lab-ready facility with one level of below-grade parking and a mechanical penthouse on the roof will take 22 months to complete.
101 Smith Place is being designed and constructed as a core and shell building with preparations for future tenants.
The project is scheduled to complete in the Spring of 2023. “This is our third time working with The Davis Companies, and we’re excited to continue cultivating our partnership with this project,” said Ben McConchie, Project Executive, Erland. “Our team looks forward to bringing their vision for the building to life and getting it ready for future tenants.”
Tags:
Front Section
MORE FROM Front Section
Front Section
McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Investing in a falling rate environment - by Harrison Klein
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.