Market Highlights

• Lendlease has finished construction on FORUM, a nine-story life sciences facility totaling 350,000 square feet (sf) at 60 Guest Street.
• Bulfinch Companies originally planned a 500,000-sf life sciences campus at 557 Highland Avenue but is now proposing residential units, medical offices and a hotel due to lower demand.
• Northeastern University purchased the 109,000-sf Burlington BioCenter, a premier life sciences office and lab property in Burlington, for $33.0 million, representing a 68.0% decrease from the $103.0 million MetLife paid in 2022.

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