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Watertown real estate market booming thanks to life science companies wickedlocal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wickedlocal.com Daily Mail and Mail on Sunday newspapers.
Watertown Mall sold for $130 million to Alexandria Real Estate Equities Wicked Local Rumors have been circulating for a while in the business community that the Watertown Mall was going to be sold, possibly to a life science developer. On April 21, the sale of the property located at 550 Arsenal St., Watertown, owned by Watertown Mall Associates Limited Partnership, to Alexandria Real Estate Equities for $130 million was electronically recorded by the Middlesex South Registry of Deeds. Alexandria Real Estate Equities has recently purchased several other properties in Watertown including Athena Health in December 2019 for $525.5 million and in July 2020 it purchased the Mount Auburn Health Club in partnership with National Development for $32 million. ....
Watertown 'Megacampus' Should Ring Alarm Bells - Banker & Tradesman bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.
A heavyweight life science developer is looking at the Watertown Mall for new lab space It could be another big real estate deal in the regionâs booming life sciences industry By Tim Logan Globe Staff,Updated February 28, 2021, 3:01 p.m. Email to a Friend An empty storefront at Watertown Mall, which opened in the mid 1970s.David L. Ryan/Globe Staff WATERTOWN â An aging mall in a hot part of Greater Bostonâs exploding life sciences industry could soon be reconfigured as . what else? Lab space. Heavyweight life science developer Alexandria Real Estate Equities has a deal in place to buy the Watertown Mall, according to four real estate industry executives familiar with the deal. The sale has not closed, and thus could yet fall through, but if it goes through, the deal would represent the latest burst in an explosion of life sciences development along Arsenal Street in Watertownâs East End. ....