64Pleasant Update 10/04/21

Leasing Begins for Approved Watertown Lab Conversion Project

Leasing has begun at the Chase Mills Building in Watertown, with the recently-approved lab conversion project being named "64Pleasant" and Newmark Knight Frank being awarded the title of exclusive leasing agent for the project. 

Berkeley will begin construction on 64 Pleasant Street, branded as 64P, this month to fully modernize the historic buildings while preserving and maintaining approximately 105,000 in square footage. The updates will include 100% new mechanical, electrical and plumbing equipment as well as improved airflow and energy efficiency, updated ADA accessibility, and key life science elements such as higher ceilings, state-of-the-art lab space and new reinforced concrete floors. SGA is leading the design team to update the space and surrounding site. Berkeley aims to complete core and shell construction by the end of 2022, with the potential to begin fitting out a tenant space sooner.

The two-story asset’s amenities include ample outdoor gathering space, common conference spaces, bicycle storage, a rooftop deck and a fitness center with showers and lockers. 64P is within walking distance to the restaurants, public transit, shops and housing of Watertown Square. It is a 20-minute drive to Kendall Square and five minutes from the Mass Pike.

“The conversion project is greatly beneficial to Watertown and it’s growing life sciences cluster,” said Townsend. “Berkeley’s preservation of the historic Chase Mills building paired with the required life sciences components make the space increasingly attractive for companies seeking a lab presence in Watertown’s ever-growing life science cluster."

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