Leggat McCall and DLJ Plan Life Sciences Facility at Boynton Yards

Published 1-21-2022
  • 808 Windsor - Boynton Yards
  • 808 Windsor - Boynton Yards

    Courtesy of Leggat McCall Properties, DLJ Real Estate Capital Partners, and Deutsche Finance America.

Leggat McCall Properties and DLJ Real Estate Capital Partners are planning to construct a 353,000-sf life sciences facility in Somerville, Mass. Offering 346,000 sf of leading-edge lab space for biomedical and pharmaceutical tenants, the 11-story structure will include 7,000 sf of retail space and below-grade parking for 242 cars. Strategically sited less than a mile from Kendall Square, 808 Windsor will also benefit from direct access to a new MBTA Green Line subway station. JLL Capital Markets has arranged $246 million in construction financing for the project, which is being created in partnership with Deutsche Finance America.

The state-of-the-art research facility is part of the developers' 1.35 million-sf master plan for Boynton Yards, a vibrant mixed-use district that will include a total of three Class A lab and office properties, 350 modern apartments, and abundant public green areas. The first lab building on the site, located at 101 South Street, is already fully leased.

Related Organizations
Developer
Leggat McCall Properties
Financier
JLL