Developer Greystar Actual Property Enters Boston Life Sciences Market, Breaks Floor on 465,000-SF Vertical Building in Somerville

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Developer Greystar Real Estate Enters Boston Life Sciences Market, Breaks Ground on 465,000-SF Vertical Construction in Somerville

74 Middlesex Avenue (74M)

Somerville, MA- Greystar Real Estate Partnersa global investment, development and management of commercial real estate and rental housing around the world and locally in the greater Boston area, formalized its entry into the life sciences sector with the commencement of vertical construction of 74 Middlesex Ave (“74M“) in Somerville, MA.

74 million and future projects in the pipeline will bolster the burgeoning life sciences cluster forming in the bustling Assembly Square district, which already has more than one million square feet of approved projects, and is part of Greystar’s long-term growth strategy.

Greystar executives, including Managing Director, Development Gary Kerr, ceremonially gathered alongside officials from the City of Somerville and the Mystic View Task Force to celebrate the launch yesterday afternoon, where they released renderings of 74M, which can be viewed here.

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