February 10, 2021
Global capitalist, possession manager and also developer Oxford Properties Group has actually protected a total of 113 square feet of new life scientific research rents at 645 Summer season Street, a lab and development building at Pappas Method Boston. The residential property is now fully rented.
Lease transactions consist of a revival and also development for a 75,000-square-foot, 10-year lease with Akouos, a hereditary medicine firm along with a 21,000-square-foot, five-year lease with Ikena Oncology, a biotech business. Additionally, Oxford safeguarded a 17,000-square-foot, five-year lease with Monte Rosa Rehabs, a biotech firm creating cancer therapeutics that regulate protein degradation pathways.
Carolyn Wheatley, Meredith Christensen and also Jeff Landers of CBRE stood for Oxford Properties Group in the lease deals. Connor Barnes, Deanne Munger and also Sharon Joyce of Cushman & & Wakefield represented Akouos.
“Akouos has actually been a component of the vibrant life scientific researches environment in Boston given that our starting in 2016. In partnership with Oxford at 645 Summertime Street, we proceed to expand our research and production facilities to sustain the advancement of hereditary medications with the possible to resolve a wide variety of inner ear problems,” said Manny Simons, owner, president and Chief Executive Officer at Akouos.
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