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Seaport District Life Science Conversion
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12 Farnsworth Street, Boston, MA 02210

Brick & beam building converted for life science use.

Space SizeContact for details
Days on Market159

Property Features for 12 Farnsworth Street

General Information

Standard status Active
Property subtype LifeSciences
Listing Agency: CBRE | Boston
Listed By: Eric Smith
Source: Cbre
Added: Mar 16 Changed: Aug 19 Last Checked: Aug 20 at 10:41AM

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 CBRE | Boston

Investment Insights

Based on property information with market context.

Located in Boston’s Seaport District, 12 Farnsworth Street is undergoing a full conversion from office to life science use. The brick and beam building offers single floor suites of approximately 13,000 rentable square feet, with a total availability of approximately 72,000 rentable square feet. The conversion includes upgrades to the main mechanical, engineering, and plumbing systems to meet laboratory standards. The GENESIS spec program will be implemented at the project. The property has zoning for Research & Development and Office use. On-site amenities include a Flour Bakery and a fitness center. Numerous lifestyle and retail amenities are within a short walk. The location provides immediate access to Downtown Boston and Kendall Square via the MBTA Red Line.

Key Highlights

  • Life science conversion project in Boston's Seaport District.
  • ±72,000 RSF of availability with single floor suites at ±13,000 RSF.
  • GENESIS spec program implemented for speed to market.

Property Analytics

Current Use

Flour Bakery & Cafe Bakery

Suggested Use

Top Pick Pet Grooming Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Butcher Nursing Home Adult Day Care

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

14,813
Businesses Nearby

Demographics for 02210, MA

5,808
Population
5,227
Households
1.1
Avg Household Size
35
Median Age
93%
College-Educated
100%
High-School Grad
0.9 sq mi
ZIP Area
6,453
Density / Sq Mi
$178,833
Median Household Income
$121,855
Median Earnings
$3,501
Median Rent
$1,212,000
Median Home Value

Market

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
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Frequently Asked Questions

What type of property is this?
Life science property - Brick & beam building converted for life science use.
Where is this life science property located?
The property is located at 12 Farnsworth Street Boston, MA.
What are key features of this property?
This property features: Life science conversion project in Boston's Seaport District.; ±72,000 RSF of availability with single floor suites at ±13,000 RSF.; GENESIS spec program implemented for speed to market.
More about this property
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