Cambridge Industrial Home Trades for $50M

Order Reprints …

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.

Link with CC&F Get In Touch With Stubblebine Co.

/ CORFAC Sign up for Attach Daily National&For remarks, inquiries or concerns, please contact David Cohen< div course="essb_links essb_displayed_bottom essb_share essb_template_clear-retina essb_1168906347 essb_width_flex essb_flex_28 _ essb_size_s essb_nospace print-no" id="essb_displayed_bottom_1168906347 "data-essb-postid=" 1382176"data-essb-position="base"data-essb-button-style="icon_hover"data-essb-template="clear-retina

Share this short article Tags: Development, Industrial

Published at Wed, 14 Oct 2020 17:01:26 +0000