April 26, 2011 Elad Bushari

Vertex Pharmaceuticals has confirmed it plans to move to Fan Pier on the South Boston waterfront. A company spokesman said it is still early in the process and that Vertex has signed a non-binding letter of intent, a step before signing a lease. Vertex said it had not yet negotiated the price of the lease. The site would be two adjacent buildings, a big change from the 10 scattered buildings the company now occupies near Central Square in Cambridge.

The two buildings on Fan Pier total more than 1 million square feet. The earliest the company would move in would be late 2013 or early 2014.

Source: Boston Business Journal

Elad Bushari

Elad Bushari is the Broker / Owner of Bushari Group Real Estate and a National "30 Under 30" Honoree by REALTOR Magazine in 2009.

Leave a Reply

Your email address will not be published. Required fields are marked *