380 E Street Update 02/03/21

Alexandria Real Estate Equities to Develop 1 Million SF of Life Science Space at Seaport Site

Alexandria Real Estate Equities has announced their intention to redevelop 380 E Street and 420 E Street in the Seaport after the properties' respective leases expire. During their fourth quarter earnings report, the company stated they are planning a 1 million SF development for the adjacent parcels. 

Currently the site of a self-storage unit and DHL Warehouse, the two parcels were purchased by Alexandria in November for $168.5 million.

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