The Xchange

Properties

The Xchange

The property is a 479,696-square-foot, Class A R&D and life sciences campus at 4–18 Crosby Drive, Bedford, MA, located in Greater Boston’s innovation corridor. It offers a café, fitness center, CrossFit gym, and potential for 70,000 square feet of additional R&D space.

Property Details

Address

4-18 Crosby Drive, Bedford, MA (Boston)

MSA

Boston/NE

Property Type

Eight Building Research & Development & Life Sciences Campus

Strategy

Core-Plus

Size

479,696 Square Feet

Primary Tenant

iRobot Corporation

Acquired

January 30, 2025

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Highlights & Amenities

The Property consists of a 479,696 square foot, Class A research and development and life science campus located at 4-18 Crosby Drive, Bedford, MA.

The Property is strategically located within Greater Boston's innovation corridor at the intersection of Route 128 and Route 3, offering exceptional connectivity to major engineering talent pools from MIT, Harvard, and Boston University. This prime location provides access to a highly skilled workforce and is near key industry clusters in biotech, manufacturing, R&D, robotics, clean energy technology, and defense along the Route 128 corridor.

The Property features modern amenities, including a 7,300 square foot cafe, a 7,000 square foot fitness center, and a 4,000 square foot CrossFit gym.

The Property has an above-market parking ratio and potential for future development with up to 70,000 square feet of additional R&D space available.

Recent renovations and high-profile tenants such as iRobot and Entegris, Inc. underscore the Property's appeal, making it a destination for innovation-driven businesses within greater Boston's innovation corridor.

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