Boston Real Estate

Vertex Pharmaceuticals is moving to Fan Pier Boston

Vertex Pharmaceuticals is moving to Fan Pier Boston

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

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