Project Progress: Acquired By Proponent

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About 85-95 First Street

Cambridge, MA

The building, located 85-95 First Street, was completed in June 2019 with 4,600 square feet of space pre-leased to specialty pet food and supply store Loyal Companion. Paint supply store Sherwin-Williams will lease 2,900 square feet when it relocates from its previous location at 73 First Street, and an undisclosed tenant will lease the remaining 2,500 square feet upon finalizing negotiations.

85-95 First Street is the third component of Urban’s $275 million investment in the First Street Corridor. The full development will be comprised of over 250 apartments, 50,000 square feet of office, 45,000 square feet of retail space, and 23,000 square feet of green space upon completion. Urban Spaces completed 121 First Street, a 60,000 square foot, five-story, mixed-use office/retail building in December of 2018, leasing the entire 50,000 square foot office portion to CarGurus, the online automotive research platform, and marketplace.

Acquisition Cost $11,200,000.00
Square Feet 10,000
Sector

Retail

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Oct 16, 2019

Cambridge Asset Acquired for $11.2 Million

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