The Davis Companies is proud to announce the successful completion of 101 Smith Pl., a modern life science and lab building located in West Cambridge, MA. This state-of-the-art facility is part of The Quad Life Science campus, a 9.8-acre park dedicated to fostering innovation in the life sciences and advanced manufacturing industries.
Developed in partnership with Invesco Real Estate, The Quad features three life science facilities, one advanced manufacturing building, and potential for future expansion. With strategic preleasing efforts and investment in spec suite construction, Davis secured a ten-year lease agreement with Samsung SDI, a South Korea-based battery and electronic materials manufacturer majority-owned by Samsung Electronics.
Samsung SDI will occupy a spec suite on the third floor of 101 Smith Pl. upon its completion in December 2024. This significant milestone represents a crucial step towards realizing the vision for The Quad, which aims to provide tenants with access to the Greater Boston life sciences market and top-tier talent.
The building is designed with flexibility in mind to meet the diverse research and manufacturing needs of its tenants. It is LEED Gold certified and features high ceilings, energy-efficient HVAC systems, a fitness center, bike storage, and other amenities for tenants to enjoy.
CBRE represented 101 Smith Pl. as the landlord’s leasing agents while Montivista Real Estate Investment represented Samsung SDI as the tenant. The completion of this building underscores the commitment to creating a vibrant and innovative life sciences community in West Cambridge that drives economic growth and fosters collaboration among industry leaders.
As part of The Quad Life Science campus, 101 Smith Pl. has been designed with flexibility in mind to meet the diverse research and manufacturing needs of its tenants. This new addition provides an excellent opportunity for companies operating within this field to take advantage of top talent available within walking distance from their doorstep.
The construction of this facility was made possible through strategic preleasing efforts by Davis Companies that resulted in securing a long term lease agreement with Samsung SDI from December 2024 onwards.
In conclusion, 101 Smith Pl.’s completion marks an important milestone for realizing The Quad’s vision as it continues to foster innovation within the life sciences sector while providing excellent opportunities for companies looking for space within this dynamic industry.