Cambridge Office & Lab
CAMBRIDGE REIGNS AS TOP GLOBAL MARKET
As Greater Boston’s premier technology and innovation market, Cambridge has become a must have address for the world’s leading companies. Cambridge has experienced plunging office and lab vacancy rates resulting from an influx of out-of-market users and homegrown expansion. Boeing’s new automated-flight center, an 100,000 square foot lease at 314 Main Street and Google’s strong interest in anchoring a 390,000 square foot build-to-suit at 325 Main Street (adjacent to current their offices) are just two of the latest and greatest tenants pursuing a significant Cambridge presence.
Largely fueled by the explosive growth of the life science, technology & biotech sectors, Cambridge’s current economy consists of 232 life science & high tech companies and 692 start-ups, many of which are suppor ted 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 for years to come.