News: Front Section

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.”

MORE FROM Front Section

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,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.