As exclusive agent, JLL is pleased to present the rare opportunity to acquire the Watertown/Newton Lab Portfolio, an assemblage of two lab/R&D assets in addition to a single creative office asset, presenting well located conversion potential in the core of West Boston's expanding lab market. 165 Dexter Avenue & 85 School Street represent 43,344 square feet existing and to-be converted lab space located in Watertown, MA. 59-85 Chapel Street in Newton, MA adds 81,602 square feet of creative office with a rolling tenant base and numerous avenues to value creation.
Located at the confluence of innovation and affluence, the Portfolio benefits from its enviable position within Boston's technology, life science, and healthcare core. With the urban context as a backdrop, the Portfolio benefits from a dynamic, walkable environment that is rich with amenities, making for a first-class neighborhood in which to live, work, play and stay.
This exciting portfolio is being offered "as-is", free and clear of existing debt.
- Prime location in Boston’s most exciting technology and life science submarket
- Critical mass, with multiple avenues to value creation
- Dynamic, walkable environment that is rich with amenities, making for a first-class neighborhood in which to live, work, play and stay
- Offered “as-is”, free and clear of existing debt and without a formal asking price