The representation of landlords, tenants, developers and investors in life sciences transactions calls for sophisticated experience in light of the peculiar issues associated with startup, heavy upfront investment, integrity of laboratory space, environmental matters, security, decommissioning, and related concerns. Over the past several years, we have represented owners and developers in the development and leasing of more than three million square feet of life sciences space. Our unsurpassed experience in this sector includes the acquisition, development and leasing of numerous properties, as well as complex restructurings of distressed leases and projects.
Experience
Representative matters include:
- Representing a publicly traded pharmaceutical company in the development of its "Laboratory of the Future" in Cambridge, Massachusetts.
- Representing a publicly traded life sciences REIT on numerous acquisitions, joint ventures, developments and leases, including:
- the acquisition of the 1,200,000-square-foot Technology Square and Life Sciences Square in Cambridge, Massachusetts;
- the formation of a joint venture to develop and lease a 415,000-square-foot life sciences facility in Boston's Longwood medical area;
- the development of a 1,500,000-square-foot life sciences campus in Cambridge, Massachusetts;
- the development of a 750,000-square-foot international sciences facility in Toronto's Discovery District;
- the leasing of a 50-building New England portfolio of office laboratory buildings;
- the development of 91,000 square feet of office laboratory space in New York's East River Science Park;
- the development of a build-to-suit full-building lease in Cambridge, Massachusetts; and
- the development of a 70,000-square-foot lease at Technology Square in Cambridge, Massachusetts.
- Representing the developer of the acquisition, joint venture, financing and lease-up of a 400,000-square-foot life sciences campus in Lexington, Massachusetts.
- Representing a pharmaceutical company in the development and expansion of its R&D and manufacturing facilities in Milford, Massachusetts.
- Counseling numerous life sciences companies in their leasing of laboratory space.