October 14, 2020
The Stubblebine Co./ CORFAC International has marketed 67 Smith Place, a four-acre commercial residential property in the Alewife area of Cambridge. Boston based property designer Cabot & & Forbes (CC&F) got the home for $49.6 million.
The home is composed of three industrial buildings with a mixed 67,000 square feet of industrial space. The residential property lies beside CC&F’s master-planned mixed-use job “The Quad”, a 1,100,000 SF lab and also property development project. The mixed acreage of the Quad and 67 Smith Area increases CC&F holdings in Alewife to 16.3 acres.
The Quad task will certainly contain 575,000 square feet of lab area, 490 multifamily units, and 60,000 square feet of ground-floor retail facilities consisting of a craft brewery, a rock-climbing club and manufacturer area. The Quad job will additionally consist of a pedestrian bridge over the surrounding MBTA Fitchburg Commuter rail tracks, connecting Smith Place to Cambridge Park Drive.
Published at Wed, 14 Oct 2020 17:01:26 +0000