399 Binney Street Update 02/12/18

Rubius Therapeutics to anchor 75%-leased 399 Binney lab development in Kendall Square


Cancer drug specialist Rubius Therapeutics has leased 45,000 square feet at Alexandria Real Estate Equities’ new 164,000-square-foot 399 Binney Street development in Kendall Square, becoming the property’s anchor tenant. Per Alexandria, 399 Binney Street is 75%-leased, with other committed tenants including Relay Therapeutics and Celsius Therapeutics. 41,000 square feet remain for lease at 399 Binney Street, which is expected to open beginning in the fourth quarter of this year. 399 Binney Street is part of the nine-building One Kendall Square office and retail campus, and will be built to LEED Gold efficiency certifiable standards. The new-construction building also includes a 1,500-square-foot ground-floor retail space.

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