TransMedics Leases Assembly Innovation Park Lab Tower
An Andover-based organ transplant company leased a vacant lab tower in Somerville and acquired adjacent properties for $30 million.
Somerville’s Fix for Vacant Lab Building: $18M Tax Break
Somerville City Councilors approved a 10-year tax break designed to lure an Andover medtech company to BioMed Realty’s Assembly Innovation Park.
Alewife Park Lands 246K SF AI Startup
West Cambridge’s lab submarket got a boost from an AI-focused startup’s 235,000 square-foot lease at 1 and 5 Alewife Park.
Watertown Lab Project Secures 73K SF Lease
A Cambridge biotech will relocate to Watertown after terminating its lease and committing to occupy nearly 73,000 square feet at 99 Coolidge Ave.
Biotech Tenant Expands in Fort Point
A developer that specializes in office to lab conversions secured the largest life science lease of 2025 in Boston with a four-year-old company founded by Harvard University researchers.
Boston-Area Lab Vacancies Hit 25 Percent as Industry Retrenches
The lab space vacancy rate hit 25 percent across the region during the first quarter, as companies continued to downsize and list new sublease space.
Harvard’s Allston Development Lands First Tenant
The first life science tenant at Harvard’s new Allston development is a research center that could eventually become home to 500 employees.
Two Biotechs Lease Half of Big Watertown Development
A speculative life science development completed in June landed its first two leases committing to more than half of the 225,000-square-foot building outside Watertown Square.
Boston-Area Lab Leasing Hits Post-Pandemic Low
Lab leasing in Greater Boston declined to the lowest level since the pandemic as life science companies shied away from real estate commitments in a frugal funding climate.
Lab Vacancy Rate Nears 14 Percent
As more life science conversions and new developments were completed without tenants, Greater Boston’s lab vacancy rate rose to 13.7 percent in the first quarter.
Dana-Farber Eyes Lab Expansion in Fenway and LMA
Dana-Farber Cancer Institute will expand its lab and research space in Boston’s Longwood Medical Area and the Fenway while its office space shrinks under a permanent remote and hybrid workforce model.
Alexandria Sees Rebound in Lab Space Demand
Greater Boston’s largest lab landlord said vacancies in its local portfolio topped 7 percent in the fourth quarter, but a revival in life science industry expansion plans points to growth in 2024.
Lab Market Remains Resistant to COVID-19 Disruption
Greater Boston’s life science cluster remains an island of stability in the commercial real estate world while other property sectors reel from COVID-19 disruption.
