
Facebook Signs 263K SF Expansion in Cambridge
In its largest local expansion to date, Facebook will occupy 263,500 additional square feet in a new Kendall Square development.
In its largest local expansion to date, Facebook will occupy 263,500 additional square feet in a new Kendall Square development.
Two institutional investors are joining the ownership of a Kendall Square office-lab complex in a deal valuing the properties at $1.2 billion.
Cambridge-based Bluebird Bio is leaving pricey Kendall Square for Somerville’s Assembly Row in a real estate deal that’s expected to save the company $120 million over the next six years.
A long-coveted Kendall Square tech office appears to be under agreement to be occupied by Facebook, expanding its presence in the Cambridge tech hub by 263,000 square feet.
Facebook is considering its largest expansion in Massachusetts since arriving in Cambridge’s Kendall Square in 2013, as it scouts potential locations for up to 350,000 square feet of additional space.