Cambridge Industrial Residential Property Trades for $50M.

Cambridge Industrial Home Trades for $50M

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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.

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

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