More vacancy is being absorbed in the Newton Office market as a growing pharmaceutical company is preparing to move into the area from its current location on Mercer Road in Natick.

According to Wicked Local, “the company currently has about 8,000 square feet of space while the Newton location, on Wells Avenue near the Needham line, has about 30,000 square feet of space…Its new landlord is willing to help with improvements to the building and the rent, at $30 per year per square foot, is cheaper than properties in Cambridge which could cost more than twice as much.”

Additional details on the company’s move to Newton, jump over to the complete article on Newton.Wickedlocal.com.