Boston-based realty designer Berkeley Investments has actually completed the redevelopment of Exchange 200, a four-story, 310,000-square-foot mixed-use structure in Malden.
Berkeley’s financial investment in the residential property, which formerly worked as a financial institution operations center, included a total replacement of all systems with advanced brand-new COOLING AND HEATING as well as mechanical facilities, a brand-new appearance of floor-to-ceiling glass, a new two-story atrium lobby and also adding a selection of brand-new amenities including physical fitness center, storage locker room/showers, as well as bike storage. Exchange 200 is additionally situated throughout the street from public transportation. The redevelopment likewise consists of the production of 15,000 square feet of brand-new street-level retail.
“The life sciences market in better Boston remains to be one of our strongest sectors, as well as we proceed to see demand for laboratory space that surpasses supply, particularly in city locations directly throughout the street from the T/commuter rail like Exchange 200,” claimed Molly Heath, taking care of director at JLL, which is functioning as the special leasing broker for the office, flex, and laboratory parts at the job.
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