Cambridge, UK (May 8, 2024) – Longfellow Real Estate Partners, the largest privately held investor and developer of life science buildings, announced today they have signed a fixed price contract to reposition their CamLIFE campus, with the UK’s leading family-owned construction company, Wates.

Construction on CamLIFE is set to begin immediately which will bolster the 42-acre parkland campus while delivering high-quality, fitted lab space, curated amenities, and expansive green space in Cambridge. Delivery of the lab space will begin in Mid-2025 with the Cam 3 building coming online first, with Cam 1 & 2 shortly thereafter.

“Longfellow will deliver the same high quality and sustainable fitted lab space that we have across our 16 million square foot portfolio,” said Adam Sichol, Co-Founder & CEO of Longfellow Real Estate Partners. “At CamLIFE, our team is creating the next generation of developments to meet the demands of the United Kingdom’s innovation economy and support its future growth.”

“The signing of this contract signals a significant milestone for Longfellow UK and further strengthens our commitment to the UK life science market,” said Tom French, UK Lead and Development Director. “This initial phase will be the foundation of what we hope will be a more extensive, broader vision for the campus.”

Longfellow’s commitment to sustainable development underpins the environmental ethos, the campus, and its community. The first phase is targeting BREEAM Excellent and EPC A. The adaptive re-use design approach has led to a 40% whole-life embodied carbon reduction relative to a new-build net-zero equivalent.

With three decades of experience bringing complex life science, advanced manufacturing, research and technology projects to life, Wates is well placed to partner with Longfellow UK to create sustainable, state-of-the-art laboratory buildings. Wates will also work throughout this project with SES Engineering Services, one of the UK’s leading Mechanical and Electrical (M&E) partners, who will lead on design elements and in particular the specialist Mechanical, Electrical, and Plumbing (MEP) systems required.

“We are delighted that we have been selected to lead Longfellow’s first UK project to create state-of-the-art laboratory facilities in this world-renowned location,” said Steff Battle, Managing Director of Wates Construction. “Everything we do is guided by our purpose of working together to create the places, communities, and businesses of tomorrow – these are cultural traits we are proud to share with Longfellow and we will work with their team on delivering this important project.”

Longfellow has spearheaded the development of life science clusters throughout the United States. With more than 16 million square feet located in key biotech markets, Longfellow continues to partner with and support innovative companies and institutions in leading regions.

For more information on CamLIFE, please visit: https://camlife.co.uk/

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About Longfellow Real Estate Partners
Longfellow Real Estate Partners is a real estate investment company founded in Boston, Massachusetts in 2009. With approximately 200 employees in bio-innovation clusters across the US and UK, Longfellow partners with renowned universities and pioneering life sciences and technology companies to help bring visionary ideas to life. Driven by a passion to support those working to advance the human condition, Longfellow continues to grow and expand in the name of scientific progress. For more information, visit https://lfrep.com.

About Wates
Established in 1897, we are the UK’s leading family-owned development, building and property maintenance company. In 2023 we employed over 4,000 people and generated profits of £46.2m from a turnover of £2.18bn, working with a wide range of public and private sector customers and partners. Now in our fourth generation of family ownership, we’re committed to the long-term sustainability of the built environment and to making our industry more inclusive and representative of the communities we work in. We are one of The Times Top 50 Employers for Gender Equality 2023 and an Investors in People Gold accredited company. We are driven by our shared purpose of working together to inspire better ways of creating the places, communities and businesses of tomorrow.

Our Construction business, the largest arm of the Group, works with our partners to create a more sustainable built environment and deliver legacies for the communities in which we work. We deliver complex projects across a range of sectors, including education, residential, healthcare, commercial, and emergency services. wates.co.uk/construction

Press/Media Contact
Casey Angel: Director, Corporate Communications
+1 (619) 400-7990 • cangel@lfrep.com

Real estate investor provides new 30,000 SF Class A lab space for immediate occupancy by life science and biotech companies in the I-270 corridor

Rockville, MD (April 8, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, has delivered 30,000 square feet of Class A lab space in its first life science project to the Suburban Maryland / Washington D.C. market, Preserve Labs.

Acquired by Longfellow in the Summer of 2022, Preserve Labs is a seven-story, 191,000 square foot building located in the thriving I-270 corridor known as DNA Alley. The Class A lab and office space is fit to serve a wide range of life science and biotech companies from mid-size to full building users looking to headquarter in Maryland’s innovative hub.

Longfellow converted the traditional office project at One Preserve Parkway into two, 15,000 square foot fitted lab spaces ready for immediate occupancy on the building’s second floor and converted five contiguous levels to lab-ready floors totaling 155,000 square feet.

The company also refreshed the project’s amenities and fitness center with a hospitality infused tenant lounge, expanded outdoor seating, and an on-site café. Longfellow’s proprietary tenant hospitality program, Elevate^TM, will curate custom programming and events including food trucks, convenience services, philanthropic opportunities, and more for tenants of Preserve Labs and the community at-large.

“Throughout our international portfolio, our mission has been to deliver state-of-the-art life science space to support some of the world’s greatest companies and institutions,” said Longfellow Managing Director, Greg Capps. “Preserve Labs is set to do exactly that for the I-270 Corridor in both lab space and the top-notch amenities that support our partners and their teams on campus.”

Preserve Labs also benefits from a highly accessible and amenitized location with connectivity to I-270 and the Rockville Metro Station. Potomac Woods Plaza, Wintergreen Plaza, Park Potomac, and Pike & Rose are within minutes of the building and boast numerous retail, dining and living options. Doubling down on transportation ease, the development will feature EV charging stations, free onsite parking, and expanded bike parking for multimodal uses.

“The quality lab space we are bringing to market, our ability to accommodate growing or established companies, easy access to I-270, and our proximity to multiple retail centers makes Preserve Labs the premier life science project in the Suburban Maryland / Washington D.C. market,” said Longfellow Partner, Neill Sherron.

Longfellow is a premier investor, operator, and developer of life science real estate throughout the United States and United Kingdom with a total investment and development portfolio of more than 16 million square feet and over $10bn in total asset value. Longfellow’s international portfolio supports life science companies and institutions in key markets including Boston, San Diego, San Francisco, the Research Triangle of North Carolina, Cambridge, United Kingdom, and more.

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About Longfellow Real Estate Partners
Longfellow Real Estate Partners is a real estate investment company founded in Boston, Massachusetts in 2009. With approximately 200 employees in bio-innovation clusters across the US and UK, Longfellow partners with renowned universities and pioneering life sciences and technology companies to help bring visionary ideas to life. Driven by a passion to support those working to advance the human condition, Longfellow continues to grow and expand in the name of scientific progress. For more information, visit https://lfrep.com.

Press/Media Contact
Casey Angel: Director, Corporate Communications
+1 (619) 400-7990 • cangel@lfrep.com

San Diego / San Francisco, CA (February 22, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, today announced the expansion of regional leadership in the key West Coast markets of San Diego and the San Francisco Bay Area.

Newly announced leadership includes Peter Fritz as Regional Managing Director in San Diego and Tara Korlipara as Director of Development and Market Lead in the San Francisco Bay Area. Each of these regional leads will enter elevated and expanded roles after excelling in their previous positions at Longfellow.

As Managing Director, San Diego, Peter Fritz will work with Longfellow’s leadership team to set and execute the strategy for continued growth and operations in the San Diego region. In his new role, Peter will serve as the regional office leader and expand relationships with local life science and industry partners as well as key local government and community stakeholders. In this role, he will also be responsible for ensuring that Longfellow tenants continue to experience state-of-the-art lab space and a world-class experience in San Diego.

Peter previously held the role of Senior Director, Development where he oversaw Longfellow’s ground-up development projects, collaborating with teams across the portfolio. Prior to joining Longfellow, Peter was a Vice President at Project Management Advisors Inc. where he managed the delivery of over 2 million square feet of life science, commercial office, and retail development.

In her new role as Director of Development & Market Lead in the Bay Area, Tara Korlipara will work closely with the regional team and executive team to advance regional developments, pursue new opportunities, and support and oversee Longfellow’s nearly 5 million square foot pipeline in the region.

As she continues to expand her work with Longfellow’s vertically integrated departments, Tara will build and maintain new and existing relationships with key tenants, community leaders, and stakeholders throughout the firm’s Bay Area portfolio which includes developments in Palo Alto, Redwood City, Millbrae, Emeryville, San Mateo, and San Francisco’s Mission Bay.

Peter and Tara have stepped into their new roles after local leader Nick Frasco was elevated to Partner, West Region with Longfellow in late 2023 where he is now responsible for oversight and strategic growth throughout the Western United States.

“We are proud to announce the expanded roles of Peter and Tara in our key West Coast regions,” said Nick Frasco, Partner, West Region. “They have shown incredible leadership and collaboration with our internal team and the communities we partner with. I’m looking forward to the great things each will accomplish in their new roles as Longfellow continues to provide best-in-class space for our tenants throughout our portfolio.”

Longfellow is a long-term investor, operator, and developer of life science real estate throughout the United States and United Kingdom with a total investment and development portfolio of more than 16.5 million square feet and over $10bn in total asset value.

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About Longfellow Real Estate Partners
Longfellow Real Estate Partners is a real estate investment company founded in Boston, Massachusetts in 2009. With approximately 200 employees in bio-innovation clusters across the US and UK, Longfellow partners with renowned universities and pioneering life sciences and technology companies to help bring visionary ideas to life. Driven by a passion to support those working to advance the human condition, Longfellow continues to grow and expand in the name of scientific progress. For more information, visit https://lfrep.com.
Press/Media Contact
Casey Angel: Director, Corporate Communications
+1 (619) 400-7990 • cangel@lfrep.com

Former LIC parachute factory transformed into 7-story life sciences space

The building at 43-10 23rd St. in Long Island City  has just been transformed by construction contractor Suffolk, into a 7-story, 7-floor life science facility, known as Hatch Life Sciences.

A ‘life science’ facility refers to properties that offer lab and office spaces for organizations working on scientific research and discoveries.

The new facility totals more than 215,000 square feet, with 72,000 square feet of state-of-the-art lab space on the first three floors now available for lease, courtesy of the real estate agency Longfellow Real Estate Partners, which acquired the property in December 2021.

Since its construction in the 1920s, the building at this address has served various roles, transitioning from office and industrial uses and most recently as a parachute manufacturing facility.

Suffolk began this project in August 2022. This included upgrading the building’s infrastructure to meet compliance for a life science building, full exterior window replacement and fitting out the first three floors. At peak, there were over 100 workers on site. The project was completed in September 2023.

One of the main features on the first floor of Hatch Life Sciences is the “Elevate Space,” which is an area that will be shared among the building’s occupants. This space will have a cafe, a fireplace and conference rooms.

The food and drinks served at the cafe will be provided by local Long Island City businesses, according to Longfellow Senior Project Manager, Design and Construction, Matt Lerner.

There is also an annex space on the first floor, which will act as the primary leasing and management office for the building, according to Suffolk Project Executive Justin LaPoint.

“The second and third floors are full spec labs, separated into two halves of the building,” LaPoint said. “Every floor has two separate suites, fully isolated. In theory, two different tenants can take over a floor and never cross paths, with full functionality on both sides. That’s also the same footprint intended for the floors going upwards.”

“There’s no limit to the sciences that these spaces can serve,” Lerner said. “It can cover a wide net [of life sciences], whether it be gene therapy, biology, pilot-scale manufacturing, chemistry and medical and clinical research.”

The remaining four floors will be leased once the second and third floors become fully occupied. Once this does occur, the remaining floors will be fully fitted out.

“There’s nothing that beats being able to take all the thoughts in your brain and figuring out how to put it together and build something that is going to be functionally useful and helpful to people,” LaPoint said. “In life sciences, you know that what you’re doing things that is going to help further humanity in a way. Knowing that some of the best brains are working in an area that you helped create for them is very impactful.”

The largest privately-owned investor, developer and operator of life science buildings, Longfellow had been looking to expand to New York City, according to Longfellow Director of Corporate Communications Casey Angel. He emphasized the importance of the easy accessibility, as well as amenities there, like a view of the Manhattan skyline.

The Court Square subway station is located just a quarter-mile away from the building, allowing for easy transportation for those working at the facility.

Lerner also pointed out the fact that Long Island City was a much more affordable area to create this space compared to Manhattan. Additionally, he expressed optimism in Long Island City’s market to continue to grow, as more housing and commercial buildings are being constructed in the neighborhood.

Longfellow is already in advanced talks with multiple companies about the prospects of leasing space on the first three floors of this building, according to Angel.

“We try to be very customizable for our spaces, so we try to have those wet lab spaces be as tailored to the companies as possible,” Angel said. “We can have folks who take up an entire floor of 30,000-50,000 square feet if they are an established company, but we also have folks that come in who are incubators or startups who can take up 5,000-15,000 square feet. We try to be customizable as people come and really divvy it properly based on their needs for the wet lab space and supportive office space.”

“The exciting part for us is we have the potential for a very diverse building, for the users and the science being conducted,” Lerner said. “We have pre-built suites available. As demand will continue to rise, we have an offering ready to go. We feel like we’ve put all our cards on the table to capitalize on the upcoming demand in the city.”

(Courtesy of Long Island City Post: https://licpost.com/former-lic-parachute-factory-transformed-into-7-story-life-sciences-space)

Longfellow Real Estate Partners is proud to announce that our firm has been named one of the 2023 Best Places to Work in Money Management by Pensions & Investments!

Presented by Pensions & Investments, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in throughout the United States.

“Longfellow is thrilled to be recognized as one of the Best Places to Work by Pensions & Investments,” said Longfellow Co-Founder and CEO Adam Sichol. “By putting our people first, we’ve developed a culture that is collaborative, caring and rewarding. We are grateful for our team and the outstanding culture that allows us to make a positive impact on the lives of our people and the communities where we work.”

Longfellow hires the best in the business – creating a diverse team of experts who collaborate and learn from one another. We believe that what’s good for our team is also good for our business. We encourage a kind, fun, collaborative culture where the wins are shared.

It is the Longfellow culture and spirit cultivated by our employees that has allowed us this amazing honor. Thank you to Pensions and Investments and to all Longfellow employees for working to make our organization so special!

Head over to Pensions & Investments website for a full profile at: https://www.pionline.com/best-places-work-money-management/longfellow-real-estate-partners