Delaney and Coakley of Cresa assist Vor Biopharma in lease expansion - Newmark represented the landlord, Longfellow Real Estate Partners

September 10, 2021 - Front Section

Cambridge, MA The Boston office of Cresa has negotiated a lease at 100 Cambridge Park Dr. for Vor Biopharma, a cell and genome engineering company pioneering engineered hematopoietic stem cell (eHSC) therapies combined with targeted therapies for the treatment of cancer. The company will expand its space at its current location and build an in-house clinical manufacturing facility. Vor, the first biotech company to occupy 100 Cambridge Park Dr., will now lease over 75,000 s/f across three floors.

In December 2019 Cresa represented Vor in a lease for 33,000 s/f of office and lab space at 100 Cambridge Park Dr. Vor was the first biotech firm to lease office and lab space on the three-building campus. Vor has recently signed a lease for an additional 43,500 s/f in the building, which will include an in-house clinical manufacturing facility to support the development of Vor’s cell therapy programs, including both eHSCs and chimeric antigen receptor T-cell (CAR-T) therapeutic candidates. The facility is designed to be current Good Manufacturing Practice (cGMP) compliant and Vor anticipates that it will be operational in 2022.

“Two years ago, Cresa identified numerous locations for us to consider when we first thought of relocating to support our expansion plans, and ultimately helped us secure the right space at 100 Cambridge Park Dr.,” said Stefan Chios, facilities manager of Vor. “We are thrilled to be building an in-house manufacturing facility at our existing location and thank our advisors at Cresa for helping us navigate this very competitive market.”

100 Cambridge Park Dr. is one of three buildings that comprises the 609,000 s/f office campus Longfellow Real Estate Partners acquired in 2017. An amenity-rich destination, 100 Cambridge Park Dr. is located at the intersection of Rte. 2 and Alewife Brook Pkwy. and offers easy access to transit with the MBTA Alewife Station, commuter rail, and bus stations nearby.

Paul Delaney and John Coakley of Cresa Boston negotiated the lease for Vor and David Townsend, Mark Winters, Juliette Reiter, Catie Tilton, Nora Smith, Christina Ratcliffe and Brendan Daly from Newmark represented the landlord, Longfellow Real Estate Partners.

Tags:

Comments

Add Comment


More from the New England Real Estate Journal