Phase 3 Real Estate Expands Presence in Kendall Square with New Acquisition

November 6, 2025 - 06:08

BOSTON–Phase 3 Real Estate Partners has bolstered its portfolio in the Boston area by acquiring a newly constructed life sciences facility located in the prestigious Kendall Square of Cambridge. This latest addition represents a significant investment of $25 million and underscores the firm’s commitment to expanding its footprint in one of the nation’s leading innovation hubs.

Kendall Square is renowned for its concentration of biotech firms, research institutions, and cutting-edge technology companies, making it a highly sought-after location for life sciences ventures. The newly acquired property is expected to attract a diverse range of tenants, further enhancing the area’s reputation as a center for scientific advancement and collaboration.

This strategic acquisition comes at a time when demand for life sciences real estate is surging, driven by ongoing advancements in healthcare and biotechnology. Phase 3 Real Estate's investment reflects a strong belief in the future growth potential of the sector, positioning the firm to capitalize on emerging opportunities within this dynamic marketplace.