By Matthew Pullen Greater Boston’s life science hub has outgrown its birthplace in Kendall Square/East Cambridge. Since 2013, the submarket has posted net absorption of more than 570,000 square feet per year. Today, it boasts a zero percent direct vacancy rate for Class A laboratory space and rental rates approaching $100 per square foot, triple net. That is driving laboratory tenants to search for space beyond this land-constrained center. Laboratory developers are rapidly emerging as some of the most active bidders on land sites throughout the region. The most attractive … Read More

Amanda Chisholm is the Director of Community Technical Assistance for MassDevelopment.  A former Chief Economic Development Planner for the Metropolitan Area Planning Council, Chisholm earned her bachelor’s degree from the University of Notre Dame and her Masters in Urban and Environmental Policy and Planning from Tufts University.           MassDevelopment is a respected institution in the Commonwealth. What should the average ULI Boston member know about this agency?  MassDevelopment, the state’s economic development and finance agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic … Read More