Marcus Partners, a leading real estate investment and development firm, in partnership with The Davis Companies, is set to deliver a state-of-the-art, customized laboratory and office facility for Alkermes, a globally recognized biopharmaceutical company. This significant 220,000-square-foot project at 900 Winter Street within the prestigious Reservoir Woods Campus in Waltham, Massachusetts, underscores Marcus Partners’ expertise in catering to the specialized needs of the life science sector and their long-standing relationship with Alkermes. The development marks a substantial on-campus expansion for Alkermes, complementing their existing presence at 852 Winter Street and providing ample space for their growing research and development operations and expanding workforce. Construction is scheduled to commence this spring.
The collaboration between Marcus Partners and Alkermes extends back nearly a decade, illustrating the strength and success of their professional relationship. Initially, Davis Marcus Partners facilitated Alkermes’ relocation from Cambridge to Waltham in 2009 by expertly renovating an existing office building to accommodate their laboratory and headquarters. Since then, Marcus Partners has consistently supported Alkermes’ growth trajectory with strategic real estate solutions. This ongoing partnership is a testament to Marcus Partners’ deep understanding of the life science industry’s unique requirements and their proven ability as a life science property owner, manager, and developer to deliver tailored solutions.
“Our relationship with Alkermes has flourished as they’ve solidified their position as a global leader in the biopharmaceutical industry,” stated Pete Cameron, a Principal at Marcus Partners. “This new, purpose-built facility will be meticulously designed from the ground up to align with Alkermes’ specific operational needs, incorporating robust infrastructure and advanced capabilities. 900 Winter Street offers a truly next-generation environment within Greater Boston’s premier corporate addresses. We are delighted to continue our successful collaboration and support Alkermes’ ongoing innovation.”
The cutting-edge facility, envisioned by Elkus Manfredi Architects, will incorporate an environmentally conscious LEED design, reflecting a commitment to sustainability. Furthermore, it will boast a range of modern amenities designed to foster a collaborative and inspiring work environment for Alkermes’ employees. These include a contemporary eatery, a convenient coffee bar, a state-of-the-art fitness center, an inviting outdoor amphitheater, and a scenic rooftop terrace. These features are carefully curated to support Alkermes’ continued advancements in their increasingly diverse portfolio of pharmaceutical products. As part of this build-to-suit agreement, Alkermes has committed to a 15-year lease at the new property, demonstrating their long-term vision and confidence in Marcus Partners and the Reservoir Woods location.
900 Winter Street is an integral part of the Reservoir Woods Development, a dynamic 1.3 million-square-foot campus in Waltham, MA. This vibrant mixed-use environment encompasses a diverse array of office, research and development, retail, and health and wellness offerings, creating a thriving ecosystem. Reservoir Woods also benefits from excellent commuter accessibility, providing shuttle services to the MBTA Red Line at Alewife Station in Cambridge. Its strategic location less than a mile from I-95, Route 128, and Route 2, and within five miles of the Mass Pike, further enhances its appeal for businesses and employees alike. Marcus Partners’ development at Reservoir Woods reinforces their commitment to creating premier life science and commercial spaces in strategically advantageous locations.
