Cambridge Office & Lab
MUST HAVE LOCATION & INNOVATION HUB
As Greater Boston’s gateway market, Cambridge is a magnet for intellectual capital, innovative minds and technological advancements. The Cambridge market has experienced plunging office & lab vacancy rates and rapidly rising rents which make it one of the world’s premier locations despite the significant barriers to entry.
Tenant demand is largely coming from the expansion of existing tenants, the inward migration from out-of-market users and the explosive growth of the life science & biotech sectors. Cambridge’s current economy consists of 232 life science & high tech companies and 692 start-ups many of which are supported by massive amounts of VC and NIH funding.
Looking forward, Cambridge’s future remains extremely bright with a deep concentration of intellectual and investment capital keeping the market fueled and extreme land constraints limiting future development.