LEASEDLife Sciences
Biocytogen Expands Life Sciences Lease At 300 Third Avenue Waltham To 70,000 Square Feet
300 Third Avenue
Building Size
35,000 SF
Asset Type
Life Sciences
Closing
Jun 17, 2026
AI
The property asset involved in this transaction is a 35,000-square-foot life sciences facility located at 300 Third Avenue in Waltham, Massachusetts. The landlord of the property is Lincoln Property Company, and the tenant is Biocytogen, which specializes in animal and cell model generation services for preclinical research.
Summary of transaction details:
- Property Type: Life Sciences
- Transaction Amount: Not disclosed
- Address: 300 Third Avenue
- Market: Waltham, MA
- Landlord: Lincoln Property Company
- Tenant: Biocytogen
- Landlord's Representative: Tim Allen - Colliers
- Tenant's Representatives: Tim Latham, Christopher Scott & Chris Devaux - Lincoln Property Company
Biocytogen has signed a lease that expands its footprint at 300 Third Avenue to roughly 70,000 square feet. This expansion reflects the company's growth and commitment to enhancing its research capabilities in the life sciences sector.
Players
Tall Timbers Life Sciences Market Snapshot
Boundary boundary · Life Sciences · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93