Mar 14, 2024
Redgate, Optimum & AEW's Convert 168K SF Office Building into a Life Sciences Hub in Bedford, MA
A collaborative effort between Redgate, Optimum Asset Management, and AEW Capital Management has culminated in the unveiling of Riverwalk Labs, a significant addition to the life sciences and manufacturing landscape in B…
Traded Editorial
A collaborative effort between Redgate, Optimum Asset Management, and AEW Capital Management has culminated in the unveiling of Riverwalk Labs, a significant addition to the life sciences and manufacturing landscape in Bedford, Massachusetts.
Development Project
The project involved the transformation of a former office building into a state-of-the-art facility spanning 168,000 square feet. Riverwalk Labs now boasts 20,000-square-foot lab and office suites, catering to the specialized needs of life sciences companies. Additionally, the facility features four distinct tenant lobbies and multiple loading docks to facilitate seamless operations.
Partners and Key Players
Redgate, Optimum Asset Management, and AEW Capital Management spearheaded the development, demonstrating a successful partnership in bringing Riverwalk Labs to fruition. Notably, Ci Design played a pivotal role as the project architect, ensuring the facility's functional and aesthetic integrity. J. Calnan & Associates, as the general contractor, provided the expertise necessary for the execution of the project.
Riverwalk Labs stands as a testament to effective collaboration and strategic vision, offering a cutting-edge environment tailored to the evolving needs of the life sciences and manufacturing sectors. With its prime location in Bedford, Massachusetts, the facility is poised to make significant contributions to innovation and research in the region.