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Business & Tech

Accent Therapeutics Joins Lexington’s Life Sciences Super Cluster

Revolution Labs will be the new home for Accent Therapeutics, which has committed to a 65k SF lease for its innovative cancer research

A rendering of Revolution Labs
A rendering of Revolution Labs (Greatland Realty Partners)

Greatland Realty Partners and Singerman Real Estate announced today that Accent Therapeutics has leased 65,003 SF on the entire second floor at Revolution Labs in Lexington, MA – the largest long-term lease commitment to date at the building.

The ground-up development totals nearly 180,000 SF of purpose-built lab and office space over three levels and is well-positioned within the Massachusetts “Super Cluster” that is the Waltham/Lexington submarket, home to prominent life science, biotech, and pharmaceutical companies. Located just south of Route 2 at 1050 Waltham Street, Revolution Labs provides convenient access to Interstate 95, walkability to local amenities, and is less than 6 miles from Cambridge.

“We are thrilled to gain Accent Therapeutics as our largest client at Revolution Labs. The project has been thoughtfully designed to support growing innovative companies like Accent in their mission to provide life-changing therapies to cancer patients while retaining their highly skilled workers in the competitive field of life science R&D,” said Claire Donegan Brown with Greatland. “New construction gave us the opportunity to include state-of-the-art infrastructure, amenities, and collaborative workspaces that ultimately attracted Nicole and the Accent team to commit to the project long-term.”

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“We are delighted to continue to grow Accent in Lexington, the community where we established our first headquarters,” said Nicole Heifner, Chief Financial Officer at Accent. “Our new space at Revolution Labs provides us with a great opportunity to advance our exciting oncology programs through the next critical phases of development in a space that promotes innovation, collaboration and employee wellness.”

Revolution Labs offers occupants a superior workspace experience conceived with a focus on sustainability, wellness, and technology to support the needs of the post-Covid knowledge employee. Spaces boast full lab infrastructure with generous ceiling heights and window lines. Amenities include an onsite Craft Food Hall, fitness center managed by Exos, lounge and meeting areas, outdoor deck with event space and fire pit, onsite covered parking, and a sport court. Revolution Labs was designed by architecture firm SGA and is being built by Callahan Construction Managers.

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Sustainability features include a solar canopy, electric vehicle charging stations, shuttle service to the nearby Alewife MBTA station, bike share, bike storage, lockers, and showers. To promote walkability, the property connects to four miles of nature trails along the Western Greenway. The building will be certified at the Gold level for LEED, WELL v2, and WiredScore.

“In this growing life sciences market, Revolution Labs provides an excellent opportunity for companies to join and access an ecosystem of skilled knowledge workers who will benefit from amenities that prioritize health and wellbeing,” said Jason Fivek, Managing Director at JLL.

Revolution Labs is slated to open in late 2022, with Accent Therapeutics and other occupants including Keros Therapeutics moving in shortly thereafter. Newmark served as the broker for Accent Therapeutics.

The JLL team leasing team representing the project includes Managing Director Jason Fivek, Managing Director Don Domoretsky, and Vice President Jordan Yarboro.

About Greatland Realty Partners

Greatland Realty Partners is a Boston based real estate development firm. Our team consists of experienced real estate professionals with a deep understanding of developing, owning, managing, and leasing institutional quality commercial real estate. Our objective is to create a superior work experience for the occupants of our buildings through renovations, redevelopment, ground-up development, or other operational improvements to the buildings we own. Learn more at https://www.greatlandpartners.com/.

About Singerman Real Estate

Singerman Real Estate, LLC (SRE) is a Chicago-based opportunistic real estate investment firm that has deep experience executing complex transactions and unlocking embedded value through the ownership of properties, real estate loans and operating companies. Since its formation in 2010, SRE has sourced and executed, with partners, over $3 billion in investments across all major property types, including life science investments in each of the primary life science clusters in the United States.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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