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News: Front Section
Posted: November 18, 2016
King Street Properties leases 57,561 s/f to WAVE Life Sciences at 115 Hartwell Ave. - handeled by JLL and NAI
Rendering of 115 Hartwell Avenue - Lexington, MA
Progress at 115 Hartwell Avenue - Lexington, MA
Lexington, MA According to JLL and King Street Properties, one of the largest locally-based private owners of life science real estate in the Greater Boston area, WAVE Life Sciences has signed a lease for 57,561 s/f of office and lab space at 115 Hartwell Ave. to accommodate their expansion from Cambridge. The lease encompasses two out of three floors in a new 91,000 s/f life sciences building being constructed by King Street at The Hartwell Innovation Campus (THINC). WAVE will custom build a GMP manufacturing facility which will be ready for occupancy in the spring of 2017.
Don Domoretsky, JLL
Ben Coffin, JLL
Matt Daniels, JLL
Evan Gallagher, NAI Hunneman
JLL executive vice presidents Don Domoretsky and Ben Coffin and managing director Matt Daniels represented the landlord, King Street, and executive vice president Evan Gallagher of NAI Hunneman represented the tenant.
“We are excited that 115 Hartwell Ave. has its first tenant, and look forward to having WAVE Life Sciences join many other premier life science companies at THINC,” said King Street’s senior director Michael Diminico. “This new facility at 115 Hartwell will bring additional manufacturing jobs to Lexington and further support the growth and expansion of one of the area’s leading life sciences clusters.”
King Street is on target to deliver the new facility in early 2017. The LEED-designed, class-A laboratory building will be the fourth building on the THINC campus and will feature a curtain wall and metal panel façade. Its central mechanical systems have been designed to accommodate a wide range of life science tenants.
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