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  • Akouos Signs on for 37,500 Square Feet at 645 Summer Street

Akouos Signs on for 37,500 Square Feet at 645 Summer Street

Boston, MA | January 29, 2019
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645 Summer Street

On behalf of Pappas Properties, CBRE today announced that Akouos is locating their headquarters to Pappas Commerce Center located in Boston's Seaport District. Akouos—a biotech company—will take 37,500 square feet of lab space on the second floor at 645 Summer Street. Akouos joins 908 Devices Inc. at the building, leaving 75,000 square feet of lab/office space remaining at the building.
 
CBRE's Adam Brinch and Meredith Christensen represented Pappas Properties as the exclusive leasing agents for the property. CBRE's Carolyn Wheatley represented Akouos.
 
645 Summer Street is part of a multi-building complex known as Pappas Commerce Center located in the heart of Boston's Seaport District. The cutting-edge flex building is designed to meet the expectations of Boston's new economy. With a significant influx of high-profile companies looking for next-generation flex space, 645 Summer Street can accommodate both office and light lab tenants.
 
“Boston's new economy requires a different type of building as innovative companies look for hybrid lab/office space,” stated Pappas Properties' Andrew Pappas. “We have created a building unlike any other in Boston.”
 
645 Summer Street is Boston's newest waterfront flex property and positions a classic mid-century building to satisfy modern needs. The fully renovated 150,000-square-foot office/flex/lab complex offers space unlike any other in the greater metro area. The two-story building benefits from unencumbered 75,000-square-foot floor plates, 15' ceilings and floor-to-ceiling glass with views of Boston's skyline and harbor. 645 Summer Street provides large column spacing, all new infrastructure and a brand-new contemporary design with an unbelievable branding opportunity. The property offers multiple on-site amenities including an enclosed rooftop meeting area, shuffle board courts, first-floor cafe, showers and locker rooms. Additionally, the property boasts a high on-site parking ratio in addition to bike parking. 645 Summer Street is within walking distance to the MBTA Silver Line and bus routes. 645 Summer Street presents the opportunity to lease flex space in an unmatched, supply-constrained market exhibiting ultra-low vacancy rates.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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