3 Federal Street

Flex Building in Billerica, MA

June, 2021

4.19 acres (1.69 hectares)

90,146 square feet (8,375 square meters) and outdoor parking for 270 cars

3 Federal Street is a three-story multi-tenant building with flex/R&D and office uses on 4.19 acres of land (1.69 hectares) at 3 Federal Street, Billerica, Massachusetts. The property includes a building with a total of 90,146 square feet of net leasable space and has outdoor parking for 270 cars (2.72 spaces per 1,000 square feet of useable space). The Project is located along the Route 3 corridor,  8 minutes north of Route 128/Interstate Route 95 and 6 minutes south of Interstate Route 495. The Project was constructed in 1984 and renovated in 2007. At the time of the acquisition the property was partially leased to two tenants in the defense and pharmaceutical testing industries.