Cambridge Office & Lab
LANDLORD FAVORABLE MARKET CONDITIONS
As Greater Boston’s preeminent 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 which has resulted from an influx of out-of-market users and homegrown institutions. Faced with extreme barriers-to-entry, including occupancy costs and land constraints, the market has become some of the most globally sought real estate.
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 supported by massive amounts of VC and NIH. 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.