45 Hartwell Avenue_Property for Sale
45 Hartwell Avenue_Property for Sale
45 Hartwell Ave, Lexington, MA, 02421-3102, US

45 Hartwell Avenue

Asset Description

JLL Capital Markets presents 45 Hartwell Avenue, a 49,750 square foot life science research and development facility in Lexington, MA. Formerly occupied by Thermo Fisher Scientific, the property is strategically located 10 miles from Cambridge and 12.5 miles from Downtown Boston, with easy access to major highways.


Following an $85M renovation in 2019, the facility now offers premier lab space in Suburban Boston. Situated on a 4.67-acre site with 150 parking spaces, it features state-of-the-art infrastructure including an 800-ton chiller, 800-gallon vented PH neutralization holding tank, twenty-eight exhausted bio safety cabinets, a fume hood, multiple cold rooms, clean rooms, and a robust 4,000 amps power supply.


The property is part of the Lexington Life Sciences Market, a sought-after area comprising 2 million SF of product with rents at a 30% discount to East Cambridge. 45 Hartwell Avenue presents a unique opportunity for tenant-users or investors to acquire a best-in-class product in one of the world's strongest life science markets. It is being offered as-is, free of debt, without an asking price.

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Attributes

Building area gross
4,622 m²
Year built
1961
Year renovated
2019
Land area gross
1.89 ha
Clear height
4.21 m
Number of loading docks
3
Number of floors
1
Parking spaces
150

Media

Investment Highlights

  • First Class GMP And R&D Facility With A Recent $85M Infrastructure Investment


  • Move-In Ready Opportunity For A Single User


  • Unmatched Connectivity Via Immediate Access To I-95 Between Route 2 And Route 3


  • Exceptionally Located On Hartwell Avenue – One Of Boston's Most Institutional Life Science Corridors
45 Hartwell Avenue 4_Property for Sale
45 Hartwell Avenue 4_Property for Sale

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45 Hartwell Avenue (0 Properties)

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Last updated
28 Jan 2025