Shared space for life sciences is a has a new host, Mass Innovations Labs, in Kendall Square. The program offers everything from office and bench layouts to EH&S Programs.
From the Boston Globe:
Mass Innovation Labs said Monday that it was opening an “accelerated commercialization space” for companies trying to bring their drugs and devices to market. There also are specialized services available in-house, such as help setting up research contracts and an animal testing and scientific support area run by Charles River Laboratories…The three-story space hosts 10 suites containing a mix of lab and office space ranging from 2,900 to 18,000 square feet. It is backed by Breed’s Hill Capital, a Charlestown firm.
Lab space is nearly impossible to find in Cambridge and Boston. Companies that are looking to bring their concept to market can capitalize on brain tank of talent can find space within the greater East Cambridge market. Some landlords like Beacon Capital are considering converting traditional office floors to lab space to accommodate the market demand.
According to a Boston Globe report, “an additional 1.9 million square feet of lab space was under construction last quarter that will grow the Greater Boston lab market by more than 10 percent, according to Transwestern’s figures. Most of that space is near Kendall Square in Cambridge, and is scheduled to be finished in 2015 and 2016.”
You can read more information on the lab space market in Cambridge and Boston on the Boston Globe’s website.