15 McGrath Highway
Update
07/15/24
Somerville Lab Project Put on Pause
Leggat McCall Properties and DLJ Real Estate Capital Partners have paused construction on a lab project at 15 McGrath Highway in Somerville, filing a release of a $230M construction loan on the property. Per the project website, "construction has paused until market conditions improve. The project team fully intends to reengage and complete the project at that time. In the interim, the site will continue to be monitored and maintained in a safe, secure, and orderly manner."
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