33 New York Ave

Framingham Property Refinanced for $32.97 Million

King Street Properties has refinanced their property at 33 New York Ave in Framingham for $32.97 million via Citizens Bank. 

The property features a 10-acre parcel that contains a single, one-story building, which formerly housed the Metro West's Daily News editorial staff, sales team, and a printing press. King Street Properties plans to renovate the building and expand it with a 9,000-square-foot addition, bringing the total square footage to roughly 107,350, according to information provided to the Conservation Commission. The company also plans to add 49 parking spaces, bringing the total number to 320.

Replimune Signs Lease at 33 New York Ave, Framingham

King Street Properties plan to transform the former Metro West's Newspaper building into a life science hub is in full swing and they have signed on the startup Replimune as a new tenant.  Replimune, who recently filed a $100 million IPO, is developing oncolytic immunotherapies to fight solid tumors.

The Framingham property is undergoing renovations and expansion including additional parking, new pedestrian walkways, and new landscaping.

King Street Properties Acquires Framingham Building

The Cambridge based developer has acquired the former Metro-West Daily News building in Framingham from Gate House Media for $9.3 million. They have announced plans to renovate and expand the former headquarters, converting the building into a hub for life sciences companies.

King Street Properties plans to renovate the building and expand it with a 9,000-square-foot addition, making the total space about 107,350 square feet, according to the Conservation Commission. The plans also include adding 49 parking spaces, making the total number 320 spaces.

In addition to making parking improvements, there will also be new pedestrian walkways, upgraded stormwater management system and new landscaping elements to improve the current property, according to paperwork filed with the city of Framingham.