Cambridge Industry
As Lab Property Grows Out of Reach for Kendall Square Startups, Many Shift To Leasing Coworking Spaces
The Crimson spoke to a range of commercial realtors, startup founders, and a commercial lab space owner to understand how the immense draw of Kendall Square has forced the myriad startup companies that define its ecosystem to adapt to more challenging economic conditions as they fight for a prized place in “the most innovative square mile on the planet.”
Cambridge Biopharma Firm Sage Therapeutics Sues Partner Biogen After Buyout Offer
Cambridge-based biopharmaceutical company Sage Therapeutics filed a lawsuit against their partner, the biotechnology company Biogen, after rejecting their $469 million buy-out proposal late last month.
Eversource Breaks Ground on Largest Underground Electrical Substation in U.S.
Eversource, a New England based energy provider, broke ground in Kendall Square on Tuesday on what will be the largest underground electrical substation in the United States.
BioMed Realty Acquires Three New Buildings in Kendall Square
BioMed Realty, one of the biggest labspace owners in the Boston area, recently acquired 215 First St., 150 Second St. and 11 Hurley St. from competing lab giant Alexandria Real Estate Equities.
