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Lab and Office Building
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117 Kendrick Street, Needham, MA 02494

213,000 SF lab and office space for lease.

Space Size16,292 SF
Days on Market290

Property Features for 117 Kendrick Street

General Information

Standard status Active
Size 16,292 SF
Property subtype Life Science / Advanced R&D

Spaces For Lease

at 117 Kendrick Street Contact us

1st Floor - 16,292 SF

Size
16,292 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Newmark | Boston
Listed By: Matthew Malatesta
Source: Nmrk
Added: Nov 24, 2025 Changed: Sep 5 Last Checked: Sep 9 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Boston

Investment Insights

Based on property information with market context.

Located in the N-Squared Innovation District of Newton/Needham, 117 Kendrick Street is a 213,000 SF lab and office building. The property is situated in Needham Crossing and offers accessibility via Route 128/I-95. It is adjacent to the 700-acre Cutler Lake Reservation, which includes walking and jogging trails. The location is near innovation companies such as Trip Advisor, Shark/Ninja, Big Belly Solar, Turbine, and PTC. The property provides shuttle service to the Needham MBTA green line, free and dedicated parking, a full-service cafeteria, and a fully equipped fitness center. Recent upgrades include a newly renovated café/lounge, lobbies, and outdoor space.

Key Highlights

  • 213,000 SF lab and office space in the N‑Squared Innovation District.
  • Located in Needham Crossing with easy access to Route 128/I‑95.
  • Adjacent to the 700‑acre Cutler Lake Reservation with walking and jogging trails.

Property Analytics

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Current Use

BBK Worldwide Advertising Agency Workbar - Needham Coworking & Hybrid Office True North Advisors ... Bank TruFitness Mobile Training Gym & Fitness Center Verastem Oncology Factory

Suggested Use

Top Pick Restaurant Pharmacy Dental Office Nail Salon Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 02494, MA

10,732
Population
4,254
Households
2.5
Avg Household Size
43
Median Age
75%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
3,833
Density / Sq Mi
$173,750
Median Household Income
$92,148
Median Earnings
$2,452
Median Rent
$1,052,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 213,000 SF lab and office space for lease.
Where is this office building located?
The property is located at 117 Kendrick Street Needham, MA.
What are key features of this property?
This property features: 213,000 SF lab and office space in the N‑Squared Innovation District.; Located in Needham Crossing with easy access to Route 128/I‑95.; Adjacent to the 700‑acre Cutler Lake Reservation with walking and jogging trails.
More about this property
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