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Boston Properties, Alexandria Real Estate Equities Bet Big On Biotech

By February 3, 2020News
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Boston Properties has entered into a joint venture with Alexandria Real Estate Equities to build a 1.7M SF life science campus in South San Francisco.

Boston Properties confirmed the deal in its Q4 2019 earnings call this week.

The project will involve about 640K SF of ground-up development, and the potential repositioning of about 1M SF of office space into new life science buildings, according to Boston Properties.

Image: Wikimedia Commons/Coolcaesar at the English language Wikipedia

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