News: Owners Developers & Managers

Cullinan of Freudenheim arranges 30,000 s/f relocation of Cyprotex

200 Staples Drive - Framingham, MA

Framingham, MA Freudenheim Partners has arranged the relocation and expansion of Cyprotex, an Evotec  company, from 313 Pleasant St. in Watertown to 200 Staples Dr. in Framingham. Cyprotex is more than tripling in size and growing from its current space of 8,000 s/f and will occupy 30,000 s/f on the 1st floor. 

Ellie Cullinan represented the tenant, Cyprotex, while Tyler McGrail of Newmark represented the landlord, Outshine Properties, in the transaction. 

Cyprotex, fully owned by the rapidly growing life science company Evotec, engaged Freudenheim Partners to help them navigate a very complex environment. Due to a rapid expansion of their business in the U.S., they needed to find a facility with the ability to deliver expansive lab space on an ambitious timeline. Beyond the scientific needs, they were also looking for a location that offered the amenities to attract high-quality employees, and they needed the  flexibility to expand as their business continues to evolve.

200 Staples Dr. is a two-story, 60,000 s/f building located in 9/90 Corporate Center near Sanofi Genzyme and other life science industry leaders. The building provides access to major highways and provides MWTA shuttle service to the Framingham Commuter rail station, and is near many area amenities including cafe, daycare, health clubs and hotels. 

“The challenge was finding space that would meet our clients’ needs from a scientific, economic and timing  standpoint as well as offer the option to expand” said Cullinan, executive vice president of Freudenheim Partners. “200 Staples Dr. not only checked those boxes but is in an attractive corporate setting with great area  amenities.”

Dr Craig Johnstone, chief operating officer of Evotec, said “Integrating predictive toxicology and ADME  research into the R&D continuum is a priority for the cost-efficient development of new medicines. Cyprotex’ expansion into a first-class scientific facility in Framingham will benefit both existing and new clients across the US. The co-location of Cyprotex’ offering in proximity to Evotec’s US East Coast sites, especially the sample management facility in Branford, CT, further allows us to drastically reduce turnaround times.” 

MORE FROM Owners Developers & Managers

Barnat Development begins work on Phase II of Holmes Beverly - construction led by NEI General Contracting

Beverly, MA Barnat Development has begun construction on Holmes Beverly Phase II, adding 52 apartment homes adjacent to the existing development near the Beverly Depot MBTA commuter rail station. The project is financed through the newly launched Holmes Opportunity Zone Fund, focused on investing in new multifamily construction projects across New England. $10 million of Holmes OZ Fund equity is paired with $21 million in long-term
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and