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100 Binney Update 09/06/17

New 100 Binney office building in Kendall Square now fully leased

Ahead of construction completion this Fall, Alexandria Real Estate Equities has fully leased the 431,500-square-foot 100 Binney office building in Kendall Square. In addition to anchor tenant Bristol-Myers Squibb, who has leased 208,000 square feet across floors one to five, and Facebook, who has leased 129,636 square feet across the building's top three floors, venture-backed biotech startups Foghorn Therapeutics, Sigilon Therapeutics, Tango Therapeutics and TCR2 Therapeutics will each lease approximately 22,000 square feet at 100 Binney. Alexandria will now shift its' focus towards pre-leasing its' new 172,500-square-foot 399 Binney Street speculative lab and office building in Kendall Square; with foundation construction now underway, 399 Binney Street is expected to open in late Fall 2018.

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