ABI Labs Secures $13.6M Loan From Rockland Trust To Expand With ABI-LAB 3

Accelerator Biotechnology Incubator (ABI) Labs, located at 1350 Worcester Street in Natick, MA, has secured a loan of $13.6 million from Rockland Trust. This funding will be used to support the expansion of ABI-LAB 3, a life science facility spanning approximately 34,831 square feet.

Summary of transaction details:

• Property Type: Life Science
• Loan Amount: $13,600,000
• Address: 1350 Worcester Street, Natick, MA
• Market: Natick, MA
• Landlord: Gary Kaufman - Accelerator Biotechnology Incubator (ABI) Labs

Rockland Trust has provided the necessary financial support to enable ABI Labs to expand with ABI-LAB 3. This loan will assist in accommodating the growth and development of life science activities at the facility.