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Alexandria Real Estate purchased the Watertown Mall property for $130 million and has plans to re-develop it which were presented publicly on Jan. 27. ....
Watertown Mall sold for $130 million to Alexandria Real Estate Equities Wicked Local Rumors have been circulating for a while in the business community that the Watertown Mall was going to be sold, possibly to a life science developer. On April 21, the sale of the property located at 550 Arsenal St., Watertown, owned by Watertown Mall Associates Limited Partnership, to Alexandria Real Estate Equities for $130 million was electronically recorded by the Middlesex South Registry of Deeds. Alexandria Real Estate Equities has recently purchased several other properties in Watertown including Athena Health in December 2019 for $525.5 million and in July 2020 it purchased the Mount Auburn Health Club in partnership with National Development for $32 million. ....
A heavyweight life science developer is looking at the Watertown Mall for new lab space It could be another big real estate deal in the regionâs booming life sciences industry By Tim Logan Globe Staff,Updated February 28, 2021, 3:01 p.m. Email to a Friend An empty storefront at Watertown Mall, which opened in the mid 1970s.David L. Ryan/Globe Staff WATERTOWN â An aging mall in a hot part of Greater Bostonâs exploding life sciences industry could soon be reconfigured as . what else? Lab space. Heavyweight life science developer Alexandria Real Estate Equities has a deal in place to buy the Watertown Mall, according to four real estate industry executives familiar with the deal. The sale has not closed, and thus could yet fall through, but if it goes through, the deal would represent the latest burst in an explosion of life sciences development along Arsenal Street in Watertownâs East End. ....
The Way the World Works The Staten Island Zoo is weathering a storm of controversy over the prediction made by its resident groundhog, Staten Island Chuck, on Feb. 2 an annual event at the zoo. Chuck popped up on a Facebook livestream at the designated hour, on the designated day, but something seemed . off. After hours of accumulating snow in the New York area, the New York Post reported, Chuck was seen to emerge into bright sunlight with no snow on the ground, his handlers wearing sweatshirts. So there ya have it, folks, we re gonna have an early spring, announced zoo executive director Ken Mitchell. Viewers weren t fooled, one commenting, Welppp, this isn t live. Previous Groundhog Day celebrations at the zoo have also raised a ruckus. In 2014, a stand-in groundhog named Charlotte died after being dropped by Mayor Bill de Blasio, and in 2009 Chuck bit Mayor Mike Bloomberg s finger. ....