Living Proof leases 14,085 s/f of office/lab space at 12 Farnsworth - transaction arranged by CBRE

Boston, MA In a transaction arranged by CBRE, Living Proof has executed a 14,085 s/f lease for office and lab space at 12 Farnsworth St. in the city’s Seaport District. Living Proof will relocate its operations from the Innovation & Design Building to the entire fifth floor of the prominent life science property owned by Phase 3 Real Estate Partners, Inc. (P3RE).

CBRE’s Eric Smith and Lauren Drakeley are leading the leasing and marketing efforts for the property and represented building ownership in the lease negotiations. CBRE’s Tim Lahey acted on behalf of Living Proof.

GENESIS 12 Farnsworth is a brick-and-beam life science property that has been fully converted from office to laboratory use as part of P3RE’s GENESIS platform. The completed conversion includes upgraded mechanical, electrical, and plumbing infrastructure designed to meet modern laboratory standards, along with 14,000 s/f  floor plates that support both office and R&D functions. Phase 3’s GENESIS spec program delivers move-in ready environments tailored to tenant needs, enabling a streamlined path to occupancy for growing companies.

“We completed the conversion of GENESIS 12 Farnsworth to create a ready-to-occupy life science environment that preserves the historical character of the building while delivering modern lab infrastructure,” said Morgan Weinstein, Northeast EVP at P3RE. “By offering fully built spec space in a prime Seaport location, we’re able to simplify real estate decisions so companies like Living Proof can focus on their teams, their growth, and their science.”