News: Owners Developers & Managers

Bulfinch’s Cambridge Discovery Park receives the Boston Life Science Building of the Year Award

Boston, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, has earned the Building Owners & Managers Association (BOMA) Boston’s 2024 TOBY and Industry Award for Boston Life Science Building of the Year, recognizing Cambridge Discovery Park (CDP) Buildings 400-500. 

Bulfinch was honored at the BOMA TOBY and Industry Awards Gala on November 14, an event celebrating excellence in property management, building operations, and service within the commercial real estate sector. Attendees from across the state gathered to recognize the industry’s top performers and celebrate the winners of the prestigious TOBY and Industry Awards. 

CDP is a 27-acre, premier life science, research, and office campus located in the Alewife Life Science Cluster. As one of the largest campuses in the city, CDP offers a unique setting, blending cutting-edge facilities with the natural beauty of Alewife Brook Reservation, complete with walking trails and expansive green spaces.

Bulfinch acquired the park in 2000 and designed and developed a multi-phase master plan to re-envision the campus. For over two decades, Bulfinch has worked closely with the city of Cambridge and numerous other agencies to complete the permitting, design and construction, successfully transforming an outdated post-war campus into a state-of-the-art life science campus. The original park conditions consisted of 14 buildings and surface parking, which Bulfinch demolished for new construction, and portions of the park were restored to their natural vegetative state. 

CDP’s award-winning Building 400-500 is a 286,000 s/f, LEED Gold Certified, class A lab building. The six-story building is designed for complete end-user flexibility with floor-to-ceiling windows and energy-efficient systems. Ground floor amenities include a state-of-the-art café and fitness center, complementing the existing park amenities, including the AC Marriott boutique hotel with a restaurant and bar, existing café and fitness, blue bikes, outdoor gathering space and walking trails. 

The development also includes a new garage adjacent to the building for 380 vehicles. 

In partnership with the majority property owner, Healthpeak Properties, Inc., Bulfinch provides exemplary property management to deliver 24/7 building operations and superior tenant services.

“Bulfinch is extremely proud to receive this incredible honor from BOMA Boston for the Management of Cambridge Discovery Park Building 400-500,” said Robert Brierley, SVP, director of property management at Bulfinch. “Bulfinch views our tenants as essential partners, a philosophy that significantly contributes to our high tenant retention rates. Our approach to property management is proactive and hands-on, with a strong focus on continuous maintenance to ensure that workspaces at CDP remain enjoyable and well-maintained.” 

Bulfinch continues to lead the way in developing innovative and professional Property Management services that provide lasting tenant satisfaction, with CDP setting a new standard for life science campuses that advance health and wellness.

BOMA Boston is a leader in commercial real estate, providing members with the resources to thrive in the ever-changing industry. The organization helps enhance the professionalism of commercial real estate ownership and management through effective leadership, education, networking and advocacy.

MORE FROM Owners Developers & Managers

Life Time opens 60,000 s/f athletic club at BXP’s Prudential Center in the Back Bay

Boston, MA Life Time, one of the nation’s premier healthy lifestyle brand, debuted Life Time Prudential Center — representing its first downtown city destination and seventh in Massachusetts — opening its doors inside the city’s Back Bay landmark.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.