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100 Crosby Drive Update 05/05/21

AEW to Convert Vacant Bedford Office into Life Science Space

AEW Capital Management, in partnership with with Redgate and Optimum, will be fully renovating 100 Crosby Drive in Bedford for life science use. The existing 288,000 SF office building features high ceiling heights, flexible floor plates, and abundant indoor and outdoor amenity space, that AEW expects to allow for a vibrant campus-like environment. Renovations will include all new mechanical systems as well as full scale modernization of site-wide internal and external amenities. 

“AEW looks forward to partnering with Redgate and Optimum on this opportunity” said Mike Byrne, AEW’s North America CIO. “We are excited to be working hand in hand with our trusted partners to transform 100 Crosby into a class-A life science building, taking advantage of the recent momentum in the Boston area and more specifically the Middlesex Turnpike/Rt 3 corridor” added AEW Director and Acquisitions Officer, Paul Ketterer, Director at AEW.

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