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Biotech Company Genzyme Moves Division to New Building in Boston.
Byline: Thomas C. Palmer Jr.
Aug. 1--Biotech pioneer Genzyme Corp. is moving one of its three divisions into the former Lotus Development building, 55 Cambridge Parkway, only a few blocks from where the company's world headquarters is under construction.
Top officials at Genzyme, currently located at One Kendall Square, and Cabot, Cabot & Forbes of New England Inc., developer and owner of 55 Cambridge Parkway, said yesterday that the company has signed a seven-year lease for 61,101 square feet of space.
Genzyme spokesman Bo Piela said the 21-year-old company will make the former Lotus building headquarters for the 200 employees in its biosurgery division.
"It is close to where we are now and also very close to where our new corporate headquarters will be," said Piela. Genzyme's company headquarters is expected to shift to a new 285,000-square-foot Lyme Properties building at Binney and Third streets in a little over a year.
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...revenues, now occupies 432,000 square feet of leased space in East Cambridge...company occupies 250,000 square feet at 55 Cambridge Parkway, which serves as its headquarters; 46,000 square feet at 161 First St. in the Nicholson...
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...corporate headquarters from its 55 Cambridge Parkway location, to another building on...company will give up all but 30,000 square feet of the 260,000 square feet it leases at the Cambridge Parkway site. Lotus will sell its Charles...
- 110,800 SQUARE FEET LEASES TO 17 FIRMS
- Newspaper article from: The Journal Record BILL MAY October 23, 1987 700+ words
...announcing 17 transactions covering 110,800 square feet of office, retail, industrial and...companies wtih nine leases covering 73,000 square feet. Other reporting companies were H...lease transactions covering 27,300 square feet, and Landsing Property Co., which...
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Leases for over 150,000 square feet of commercial space have been negotiated...Chris Palmer, totaling 3,000 square feet to Ralstin Management Co. Inc...One center will locate in 1,000 square feet of retail space in Country Club...
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...leasings totaling more than 68,000 square feet of space in commercial buildings within...reported 18 leases totaling 24,664 square feet of retail space. Jim Matthews, leasing...Fellowship Church of God leased 2,080 square feet in Canadian Square Shopping Center at...
- AREA LEASES TOTAL OVER 142,642 SQUARE FEET
- Newspaper article from: The Journal Record CONSTANCE LEWIS June 3, 1988 700+ words
...realty companies totaled over 142,642 square feet in commercial buildings, according...Services announced leases for 44,781 square feet. The Property Resource Group completed over 31,200 square feet in leases, and the Horne Co. U...
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- Press release article from: PR Newswire January 3, 1991 700+ words
OVER 1.5 MILLION SQUARE FEET OF SPACE ABSORBED IN WESTCHESTER...Conn. More than 1.5 million square feet of space was absorbed in the two...over 1989's total of 422,000 square feet. The vacancy rate for the region...
- LEASES SIGNED COVER 76,000 SQUARE FEET
- Newspaper article from: The Journal Record January 15, 1988 700+ words
...completed 14 leases covering 53,641 square feet. - Coldwell Banker Commercial Real Estate...lease transactions totaling over 23,000 square feet. - The Body Shop has leased 8,005 square feet of space at Air Depot Rd. and N. Meadow...