(Photo via Boston Business Journal)
East Cambridge/Kendall Square continues to push rents upward and vacancy down. 162,000 square feet of new leases have been signed at 400 Technology Square. Asking rents in the East Cambridge/Kendall Square submarket for Class A space will start in the low $50’s per square foot.
Among the new tenants, the Boston Business Journal reports, “The Ragon Institute, Massachusetts Institute of Technology, Harvard University, Epizyme, Warp Drive Bio and Aramco Services Co.”
More information is available on the BBJ website.
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