Watertown, Massachusetts — According to state and local development sources, Labshares plans to invest to build out 57,882 square feet of new space in Watertown. The company plans to occupy the new space at 66 Galen Street in Watertown, on or about June 1, 2026. According to the company website Founded in 2018, Labshares is the premier provider of shared laboratory facilities, advanced equipment, and comprehensive services tailored for life science and biotech startups. Labshares offers a flexible, capital-efficient, all-inclusive alternative to traditional lab spaces, allowing our members to focus on what matters most advancing their science. Located minutes from downtown Boston and Cambridge, Labshares operates a state-of-the-art, 44,000 ft2 BSL-2 facility and provides fully equipped shared and private lab spaces. We are specifically tailored to meet the unique needs of emerging biotech companies. Labshares provide much more than just space: Members have access to world-class equipment, the support of our expert team, and a community of innovative emerging companies. Labshares infrastructure and all-inclusive services give our members a cost-effective pathway to growth, helping them achieve critical milestones without the burdens of costly long-term leases or expensive lab buildouts. Labshares is science, simplified.

To learn more about Labshares, visit https://www.labshares.com/

Company Contact:
Philip Borden, Chief Executive Officer
617-546-5832

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