Davis Companies Finishes Construction of 161,616 s/f Life Science Facility and Commences Pre-Leasing at 101 Smith Place: NEREJ

The Davis Companies (Davis) has recently completed 101 Smith Pl., a class A life science and lab building in West Cambridge, MA. This building, encompassing 161,616 s/f, is the third to be completed as part of The Quad Life Science campus, a 9.8-acre life science and advanced-manufacturing park.

Developed in partnership with Invesco Real Estate, The Quad consists of three life science facilities and one advanced manufacturing building with future development opportunities. The campus master plan has been carefully designed to incorporate elements of workplace, innovation, and lifestyle.

Through preleasing efforts and investment in spec suite construction, Davis secured a ten-year lease agreement with Samsung SDI, a South Korea-based battery and electronic materials manufacturer majority-owned by Samsung Electronics. Samsung SDI will occupy a 13,604 s/f spec suite on the third floor of 101 Smith Pl. upon completion in December 2024.

The completion of 101 Smith Place represents the final milestone in realizing the vision for The Quad. Chief portfolio management officer at Davis, Cappy Daume, expressed excitement about the spec suite program at 101 Smith Place, designed with flexibility in mind to support the research and manufacturing needs of tenants like Samsung SDI.

This LEED Gold-certified life science building features amenities such as high-efficiency HVAC systems, fitness center, Bluebike stations, and indoor bike storage. Tenants will also have access to nearby campus amenities in the West Cambridge neighborhood and dedicated shuttle services to Alewife station.

CBRE representatives Eric Smith, McKenna Teague, Tess Chandler, and Jack Scibner represented 101 Smith Pl. as the landlord’s leasing agents, while Ruyi Cai of Montivista Real Estate Investment represented the tenant.