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Highlights
- Approximately 492,000 SF of office/lab/flex space, including high-bay and GMP-capable areas designed for advanced research, diagnostics, and bio.
- Fully renovated and expanded with new building additions, upgraded utilities, freight and loading infrastructure, and future-ready lab systems.
- Accessible to Routes 1, 2, 3, 93, 128, and the MA Tpk, plus an MBTA stop directly in front of the building, and less than 5 miles from BOS.
- Positioned minutes from Cambridge and Boston’s life-science ecosystem, with excellent walkability and bike access, and strong transit connectivity.
- Features 30,000+ SF of shared amenities, including a café, food hall, fitness center, conference facilities, tenant courtyards, and bike storage.
- Highly educated workforce, thanks to Boston University, Harvard University, Boston College, and the Massachusetts Institute of Technology.
All Available Spaces(6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
A total of 116,000 square feet is available on the first floor, consisting of a 16,000-square-foot high bay section, a 10,000-square-foot high section, a 60,000-square-foot section, and a 30,000-square-foot section. The spaces can be leased together or separately.
- Mostly Open Floor Plan Layout
- High Ceilings
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- Established business location
138,000 square feet of flex/lab/office in shell condition, ready for tenant improvements.
- Space is in Excellent Condition
- Central Air and Heating
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- City views
125,000 square feet of flex/lab/office in shell condition, ready for tenant improvements.
- Space is in Excellent Condition
- Central Air and Heating
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- New construction
Fully furnished 38,000-square-foot speculative lab/office suite available immediately.
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- New construction
- Central Air and Heating
Fully furnished 38,000-square-foot speculative lab/office suite available immediately.
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- New construction
- Central Air and Heating
38,000 square feet of flex/lab/office in shell condition, ready for tenant improvements.
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- New construction
- Central Air and Heating
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 10,000-113,654 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office | Shell Space | Now |
| 2nd Floor | 10,000-138,014 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Flex | Shell Space | Now |
| 3rd Floor | 10,000-123,924 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Flex | Shell Space | Now |
| 4th Floor | 37,376 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Flex | Shell Space | Now |
| 5th Floor | 37,531 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Flex | Shell Space | Now |
| 6th Floor | 10,000-37,582 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Flex | Shell Space | Now |
1st Floor
| Size |
| 10,000-113,654 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Floor
| Size |
| 10,000-138,014 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
3rd Floor
| Size |
| 10,000-123,924 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
4th Floor
| Size |
| 37,376 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
5th Floor
| Size |
| 37,531 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
6th Floor
| Size |
| 10,000-37,582 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 10,000-113,654 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
A total of 116,000 square feet is available on the first floor, consisting of a 16,000-square-foot high bay section, a 10,000-square-foot high section, a 60,000-square-foot section, and a 30,000-square-foot section. The spaces can be leased together or separately.
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- High Ceilings
- Established business location
2nd Floor
| Size | 10,000-138,014 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
138,000 square feet of flex/lab/office in shell condition, ready for tenant improvements.
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- Central Air and Heating
- City views
3rd Floor
| Size | 10,000-123,924 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
125,000 square feet of flex/lab/office in shell condition, ready for tenant improvements.
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- Central Air and Heating
- New construction
4th Floor
| Size | 37,376 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
Fully furnished 38,000-square-foot speculative lab/office suite available immediately.
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- Central Air and Heating
- New construction
5th Floor
| Size | 37,531 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
Fully furnished 38,000-square-foot speculative lab/office suite available immediately.
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- Central Air and Heating
- New construction
6th Floor
| Size | 10,000-37,582 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
38,000 square feet of flex/lab/office in shell condition, ready for tenant improvements.
- Can be combined with additional space(s) for up to 488,081 SF of adjacent space
- Central Air and Heating
- New construction
Matterport 3D Tours
Property Overview
705 Mount Auburn Street is a fully repositioned professional campus totaling approximately 492,000 square feet across six stories in East Watertown. Originally constructed in 1930 and comprehensively redeveloped and modernized through 2025, the property has been transformed into a next-generation research and innovation hub designed to support office, research and development (R&D), lab, manufacturing, and GMP-level operations. The redevelopment includes significant infrastructure upgrades and an expansive amenity program, including a café, fitness center, conference facilities, food hall, collaborative outdoor spaces, and direct access to the Watertown Greenway. 705 Mount Auburn Street is strategically located with proximity to Cambridge, Downtown Boston, and major life-science clusters. The property combines urban accessibility with suburban convenience and offers abundant on-site parking for tenants and visitors. Major employers in the area significantly benefit from the robust workforce in the immediate area, fueled by some of the nation’s top research institutions, such as Harvard University, MIT, Boston University, and Northeastern University. As a world-class education hub, Boston ranks among the nation's highest, with over 52% of residents holding a bachelor's degree and an average household income exceeding $133,900. The Boston Market is home to world-class institutions in education, healthcare, biotechnology, and financial services. Major employers in the metro include Biogen, Deloitte, BAE Systems, Vertex Pharmaceuticals, Fidelity Investments, and General Electric.
- Bio-Tech/ Lab Space
- Property Manager on Site
- Car Charging Station
Property Facts
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Dunkin' | Cafe | - | 5 min walk |
| Andrea's House of Pizza | Pizza | $ | 5 min walk |
| Hafez House Of Kabobs | Persian | - | 6 min walk |
| Red Lentil Vegan & Vegetarian Restaurant | Vegan | $$$ | 6 min walk |
| Ravello Italian Kitchen | Pizza | - | 7 min walk |
| Shiraz Persian Cuisine | Persian | $$$ | 8 min walk |
| Fordee's Grill | Sandwiches | $ | 7 min walk |
| La Bodega | Tapas | $$$ | 8 min walk |
| Michael's Pizza | Pizza | $ | 10 min walk |
| Praline | French | $ | 10 min walk |
Retail |
||
|---|---|---|
| CVS Pharmacy | Drug Store | 4 min walk |
| Citizens Bank | Bank | 4 min walk |
| 7-Eleven | Convenience Market | 5 min walk |
| United States Postal Service | Business/Copy/Postal Services | 6 min walk |
| CrossFit | Fitness | 11 min walk |
| Myeyedr. | Optical | 12 min walk |
| ULTA Beauty | Health & Beauty Aids | 14 min walk |
| Lapels Dry Cleaning | Laundry | 14 min walk |
| Star Market | Supermarket | 15 min walk |
| Target | Dept Store | 14 min walk |
Hotels |
|
|---|---|
| Residence Inn |
150 rooms
3 min drive
|
| Hampton by Hilton |
146 rooms
4 min drive
|
| Tapestry Collection by Hilton |
121 rooms
6 min drive
|
| Four Points by Sheraton |
270 rooms
6 min drive
|
| Homewood Suites by Hilton |
121 rooms
7 min drive
|
| DoubleTree by Hilton |
308 rooms
7 min drive
|
| AC Hotels by Marriott |
150 rooms
9 min drive
|
| Cambria Hotels |
163 rooms
10 min drive
|
| Courtyard |
188 rooms
9 min drive
|
| Le Meridien |
210 rooms
9 min drive
|
Leasing Team
Dan Krysiak, Senior Managing Director
Over his 19-year career, Krysiak has represented several of the area’s top suburban landlords, such as Berkeley Investments, The Davis Companies, Equus Capital Partners, The Nelson Companies and Taurus Investments. He currently represents more than 1.5 million square feet of Route 128 leasing assignments.
Some of Krysiak’s notable landlord agency assignments include the Waltham Watch Factory, a 400,000-square-foot historic brick-and-beam property on the banks of the Charles River; and University Office Park, a two-building, Class A park adjacent to Brandeis University.
Krysiak has also represented several notable tenants throughout his career, including American Institutes for Research, Benchmark Senior Living, Continuum, Genuine Parts Company and Great American Insurance.
Krysiak has been recognized by Newmark several times as a top broker nationwide. In 2011, he received the Grubb & Ellis Circle of Excellence designation for exceptional performance, and in 2012, 2013 and 2015 he earned Newmark’s Top Producer recognition.
Krysiak is active in his community as a board member and coach of youth basketball.
Steve Purpura, Executive Vice Chairman
In his role at Newmark, Purpura partners with the firm’s top teams on complex leasing and strategic real estate initiatives, with a focus on the Boston region and other key innovation-driven markets nationwide. His work is centered on helping clients navigate evolving tenant demand, infrastructure requirements and long-term growth strategies in markets shaped by research institutions, capital formation and innovation ecosystems.
Purpura most recently served as President of Beacon Capital Partners’ Life Science platform, where he helped lead the firm’s life sciences strategy and portfolio growth. Prior to that, he spent several years at CBRE as a Vice Chairman with leadership responsibilities across the Northeast. Earlier in his career, he held senior roles at Transwestern and served as a Partner at Richards Barry Joyce & Partners.
Education
Purpura obtained a bachelor’s degree from William & Mary.
Blake McLaughlin, Managing Director
Frank Nelson, Executive Managing Director
Frank has advised on transactions in excess of 20 million square feet and is recognized as one of Boston’s premiere experts on navigating the real estate metrics within Boston’s Medical – Academic clusters (Longwood Medical Area, Mass General Hospital, Boston Medical Center, Tufts) and adjacent to Medical and Academic campuses throughout New England.
Mr. Nelson is honored and privileged to work with some of Boston’s most respected institutions including, Boston Children’s Hospital, Boston Medical Center, New England Baptist Hospital, Boston University, UMass Building Authority, Massachusetts Eye and Ear, Joslin Diabetes Center, South Shore Hospital System, Simmons University, Merrimac College, Dimock Health, The Church of Christian Science and the State of Massachusetts. For Frank, working for these clients is truly real estate for a higher purpose.
The Medical Academic Practice Group, led by Frank, also represents property owners who invest on and adjacent to Institutional Campus Real Estate. These clients specialize in life science and clinical Real Estate and are some of the most well-known names in the business including, BioMed, REIT Management, New England Development, National Development, Charles River Investors, Clarion, Bulfinch, Samuels & Associates, Equity Commonwealth, AEW Core Fund, Alexandria, Deutsche Bank, Related Beal, IQHQ, HTA and many others.
Recent major sales include 109 Brookline Avenue for EQC to IQHQ, The Kenmore Square Portfolio for Boston University, The Sunday School Building and 235 Huntington on behalf of The Church of Christian Science, The Charles Street Portfolio on behalf of Massachusetts Eye and Ear, The Boston Medical Center Portfolio to Bentall Kennedy, 140 The Fenway for the Forsyth Institute sold to the MFA, The UMass Biotech Park on behalf of Alexandria sold to UMass, The Steward Health Portfolio, and The Hebrew College Campus in Newton. Other major sales include The Center for Life Science, One Brigham Circle, Landmark Center, Ten Brookline Place, One Brookline Place, Newton Pavilion to the State of Massachusetts and the purchase of 801 Mass Ave from Bentall Kennedy to Boston Medical Center.
Major lease transactions for the Medical Academic practice group, totaling over 10M SF including, Boston Medical Center Tufts Medical Center, Boston University, Northeastern University, Boston Children’s Hospital, Brigham & Women’s Hospital, Mass General Hospital, Dana Farber Cancer Institute, Harvard Medical School, Harvard School of Public Health, Harvard Pilgrim Healthcare, Beth Israel, South Shore Hospital System and Steward Health.
Frank began his career in Cushman & Wakefield’s Chicago office where he was the junior broker on the Sears Tower and John Hancock Buildings. He was the first broker assigned to open C&W’s Boston office in 1984.
Frank and his wife Kathy live in Scituate, MA and they are parents to Matthew, Michael and Laura, who now reside in NYC. Frank graduated from Brookline High School and Middlebury College and is an avid golfer and youth hockey coach with the Cape Cod Whalers.
About the Owner
Other Properties in the SPEAR STREET CAPITAL Portfolio
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705 Mount Auburn St
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