Report: Life Sciences Job Growth Slowed Way Down in 2024
Total employment in the Massachusetts life sciences industry remained effectively flat in 2024, a key source of pressure for lab landlords.
Life Science Landlords Don’t Have to Fear ‘Medicare for All’ –Yet
The booming biotech industry is spilling out of Kendal Square in what looks like a flood of biblical proportions, but what happens if a Democrat takes the White House in 2020, riding a wave of demand for “Medicare for All”?
Former Watertown Car Dealership Sold for Development at Record Price
A former car dealership property on the outskirts of Watertown Square has been acquired for a record-setting $7 million by a Newton development company.
A Long View of Life Science Growth
During his 22-year career, Adam Sichol has had a front-row seat on the life science industry’s expansion into Greater Boston’s most dynamic commercial real estate sector and played a hand in companies’ growth and relocations.
New 500K SF Speculative Office/Lab Project Planned for Waltham
A major Waltham landlord has announced plans to build what it says will be the largest contiguous class A office building ever built along Route 128’s technology belt.
10 CRE Stories to Watch in 2019
As projects in Somerville, East Boston, Allston-Brighton and South End move forward, developers of large vacant commercial properties in Newton and Woburn are laying out plans for mixed-use projects totaling over 3 million square feet.
A Grand Slam in Life Science Development
Veteran brokers Tom Ragno and Stephen Lynch met for breakfast at Denny’s in Lexington, trying to hash out a stalemate over an office lease negotiation in downtown Boston.
Massachusetts Faces Its ‘Henry Ford Moment’
Perhaps the most important moment in the history of the automobile industry was when Henry Ford developed and deployed the world’s first moving assembly line in 1913.
Making The Grade
The Massachusetts Biotechnology Council (MassBio) is a private nonprofit committed to expanding the life science and health care industries in the Bay State. Its members include biomedical firms, academic hospitals and allied organizations.
Is The Fenway Boston’s Next Life Science Hotspot?
The Massachusetts life sciences industry – home to 17 of the top 20 biopharmaceutical firms, all 10 of the world’s leading medical device companies and 900 other biopharma companies and medical device makers – is booming.
Life Science Is Part Of Alexandria’s DNA
Alexandria Real Estate Equities owns more than 6 million square feet of life science properties in Greater Boston, or approximately one-third of its national portfolio, but it still has room to grow. The Pasadena, California REIT acquired the Metropolitan Pipe & Supply Co. property in Cambridge’s Kendall Square this spring for $80.25 million and is drawing up plans for the life science mecca’s latest major lab complex. Alexandria also is testing the suburban market’s demand for additional life science space, as it converts two floors of office space to labs at 266-275 Second Ave. in Waltham after acquiring the property in July for $70.7 million. Tom Andrews leads the company’s Greater Boston operations including development of the 2.6-million-square-foot Alexandria Center at Kendall Square campus.
Cambridge Sets The Bar For Life Science Market
Cambridge, one of the top three life sciences markets nationally, is considered the epicenter due to numerous factors. The most significant is proximity and access to area universities and research institutions, such as MIT, Harvard, the Broad Institute and the Whitehead Institute.
Workforce Development At Root Of Baker’s $500M Life Sciences Bid
Gov. Charlie Baker’s proposed $500 million extension of the life sciences initiative put in place by his predecessor in 2008 will put a greater emphasis, according to the governor, on workforce building to support industries that have taken root in Massachusetts.
MA Life Sciences Jobs Reach New High
Life sciences jobs in Massachusetts hit an all-time high in 2016 and the industry will have thousands of new jobs to fill in the coming years, according to a report released Wednesday morning at a conference in Boston.
State Puts $3M Toward Life Sciences Along North Shore
Through the Massachusetts Life Sciences Center (MLSC) the Baker administration awarded a total of $3 million in capital grant funding to the Gloucester Marine Genomics Institute, as well as to middle and high schools in Gloucester, Lynn and Salem.
