DivcoWest, founded in 1993, is a privately owned real estate investment firm with offices in San Francisco and Boston. The company has acquired more than 30 million square feet of commercial space throughout the United States. DivcoWest and its affiliates are currently managing over $2.5 billion of equity. Presently under management are both commercial and residential assets, including the underlying debt.
Feb 21, 2020
Steel Framing Underway for Future Sanofi Space at Cambridge Crossing
Steel framing is now underway on Parcel G at Cambridge Crossing, one of two buildings that will be home to Sanofi. The Parcel G building will feature 510,000 square feet of office and lab space offering 15' floor to floor heights along with a third-floor terrace. Next door the Parcel H building is set to include 405,000 square feet of space plus a fitness center and locker rooms for employees. Both buildings will feature garage parking and bike storage. Construction is expected to wrap up in Q3 2021.
Dec 30, 2019
Cambridge Development Secures $366.24 Million in Financing
The upcoming development by DivcoWest at 250 Water Street in Cambridge has secured $366,240,596 in construction financing via Square Mile Capital Management.
The approved mixed-use nine-story building will feature 483,000 square feet intended for commercial office, research and development (R&D), laboratory and retail uses. The ground floor includes approximately 2,580 square feet of Retail and Consumer Services, accessed from the street or public area of the building lobby (6,695sf), along with other active uses.
Dec 11, 2019
Lamplighter Brewing Coming to Cambridge Crossing
While construction continues on various parcels across the 43-acre site, it was announced earlier this week that Lamplighter Brewing will be coming to Cambridge Crossing. The Cambridge based brewery will open Luminati Spirits x Lamplighter to serve as a joint micro-distillery, brewery, and taproom next year.
Elsewhere on the project, 250 North Street is in the final phases of construction with landscaping going in, the new Phillips headquarters is set to open early 2020. Across the now accessible street Parcel W, The Shed is also taking shape with exterior work nearly complete.
Dec 10, 2019
Early Stage Site Work Underway for Parcel I Residential Project at Cambridge Crossing
Early-stage site work is now underway for the first residential building at Cambridge Crossing. The project, located on Parcel I, will feature around 500 residential units plus parking for approximately 250 cars and 500 bicycles. The 20 story building will also offer numerous tenant amenities including an outdoor pool deck.
Dec 07, 2019
Tower Cranes in Place at Cambridge Crossing Parcels G and H
A pair of tower cranes are now in place at Cambridge Crossing parcels G & H, future home of Sanofi. The parcel G building will be 12-stories to include 510,000 square feet of office and lab space while parcel H, will come in at 9-stories with around 405,000 square feet. There will also be a total of nearly 850 parking spaces between the two buildings.
Sep 19, 2019
Largest Continuous Concrete Pour in Boston Completed for Future Sanofi Headquarters at Cambridge Crossing
Thirteen hours and 800 trucks of concrete later the foundation has been poured for Sanofi's future headquarters on Cambridge Crossing's Parcel G. The 32.4 million lbs of concrete make up the foundation of the upcoming 12-story, 450,000 square foot building making it the largest continuous concrete pour in Boston/Cambridge recent memory. Sanofi has leased both Parcel G and neighboring Parcel H building (which will feature around 347,000 square feet of space).
Sep 09, 2019
Exterior Work Ongoing on Parcel W at Cambridge Crossing
Exterior work is ongoing at Cambridge Crossing's Parcel W for The Shed, what will be the neighborhood's dining destination. The Shed will include a full-service restaurant, cocktail bar, and outdoor space. Construction is expected to be completed in early 2020.
Jul 31, 2019
Electrical Permit Pulled for Parcel G at Cambridge Crossing
An electrical permit has been issued for the upcoming 12 story office and lab building on Parcel G within Cambridge Crossing. The parcel G building will feature around 450,000 square feet of space along with parking for 400+ cars. This building along with the neighboring Parcel H building also under construction will be home to Sanofi. The pharmaceutical giant who will house around 2,700 workers between the two new state of the art facilities. Construction is expected to be complete in 2021.
Jun 14, 2019
Foundation Work Ongoing for Parcels G and H at Cambridge Crossing
Foundation work is underway at both Parcels G & H within Cambridge Crossing for two upcoming office & lab buildings that will be home to Sanofi. In total, the buildings will feature around 900,000 square feet of space and parking for nearly 850 cars and almost 300 bicycles. Next to Parcel G, a new green space will also be created to be known as Baldwin North. Construction on both buildings is expected to be complete in 2021.
Jun 12, 2019
Steel Structure in Place for Restaurant Space at Cambridge Crossing
The steel structure is in place for what will be Cambridge Crossing's dining destination The Shed, to feature cuisine from local chef Will Gilson. The property will feature a full-service restaurant, cocktail bar and outdoor space. Construction is expected to be completed in early 2020.
Jun 10, 2019
Exterior Work Nearly Complete for 250 North St. in Cambridge Crossing
Exterior work is nearly complete for 250 North Street, future home of Philips North America in Cambridge Crossing. The 430,000 square foot lab and office building will also include 17,000 square feet of ground-floor retail, 3 levels of underground parking and a bike room with lockers and shower facilities. Construction is expected to wrap up in the first quarter of 2020.
May 29, 2019
Local Restauranteur to Open New Space at Cambridge Crossing
Local restaurant owner and chef Will Gilson and his team are planning a new restaurant in the heart of Cambridge Crossing to feature a cafe, full-service restaurant, cocktail bar, and outdoor space. Gilson owns the popular Puritan & Co. restaurant in Cambridge’s Inman Square. The new restaurant space will be inside a stand-alone building Cambridge Crossing is referring to as the Shed and is expected to open in early 2020.
Rendering: Steelblue, Courtesy of DivcoWest.
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