By Jon Chesto When demand for office space cratered during the COVID-19 pandemic, many developersdoubled down on building lab space instead. Lately, it sure seems like they went overboard. With newly builtlife sciences buildings hitting the market at a much faster rate than they can be filled, the availability of lab space in Greater Boston […]
By Greg Ryan The board of the Boston Planning and Development Agency approved a six-building development on the Mystic River in Charlestown on Thursday, as well as two large Sullivan Square lab buildings. The two are the latest projects to get the green light in a neighborhood set up for big changes. The Flatley Co. won approval for […]
By Jack Rogers | April 25, 2023 at 04:10 PM In a sign that one of the strongest life sciences markets in the US is weakening, Alexandria Real Estate Equities is offering for sale a suburban Boston office complex valued at $170 million, a 28% discount, after a softening market changed plans to convert the property to life […]
by Greg Ryan| via bizjournals.com Alexandria Real Estate Equities Inc. plans to construct three buildings with a mix of lab and office space at the Watertown Mall, according to a recently unveiled proposed master plan for the property. The proposal includes 500,000 square feet of lab and office space at the mall site, along […]
There are currently 2.5 million square feet under construction in the city of Cambridge. From Central Square to East Cambridge, commercial real estate development is thriving. A great deal of this construction consists of lab space for tech and pharmaceutical companies. One reason for this is the Commonwealth is looking to take advantage of the talent […]
