BioMed Realty’s Relocation of Gas Transfer Station Marks Milestone in Evolution of Kendall Square

The Gas Transfer Station was the last remaining element of Kendall’s industrial past, and removing it from Third Street provides BioMed Realty with full use of the overall building lot for 585 Kendall, the 600,000 SF life sciences tower under development.

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BioMed Realty is a portfolio company within Blackstone’s Core+ Life Sciences Real Estate strategy, which ranked first in its peer group and was named a GRESB Sector Leader in the Standing Investments Benchmark for the Technology/Science sector in the Americas.

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New 45,000-square-foot performing arts center will welcome the community for a free public Opening Day celebration on Nov. 7.

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Located adjacent to Kendall Square, University Park spans 1.7 million square feet and brings together leading life science, advanced technology and innovation companies within a campus designed to support collaboration, growth and discovery.

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