
Lab Leasing Drives Development into New Markets
Kendall Square has seen achieved lab rents top $125 per square foot on a triple-net basis, leading tenants, landlords and investors to look to secondary clusters nearby.
Kendall Square has seen achieved lab rents top $125 per square foot on a triple-net basis, leading tenants, landlords and investors to look to secondary clusters nearby.
Greater Boston’s booming real estate industry continues to reshape the local landscape as the real estate cycle passes the decade mark, and 2020 is likely to generate more headlines about how developers are responding to the region’s job growth and housing needs.
From a booming life science industry spreading further out from East Cambridge to new multifamily housing models and an e-commerce-fueled explosion in interest in distribution facilities, here’s what drove demand in 2019.