Rendering of Binney street office space

Credit: BBJ

Office rents continue to climb in East Cambridge in both Lab and Office with some of $80 per square foot.

A BBJ article reports, “Escalating rents in Cambridge’s Kendall Square are pushing away some young life science and biotech companies, but there’s still incredibly strong demand for Class A office and lab space in the neighborhood, according to Alexandria Real Estate Equities.”

You can read the full article on the Boston Business Journal’s website.