Biotech Real Estate Slump Has MIT’s Hometown Seeking Backups

Bloomberg TechnologyTuesday, September 23, 2025 at 12:30:03 PM
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Biotech Real Estate Slump Has MIT’s Hometown Seeking Backups
Kendall Square, known as a leading biopharmaceutical hub adjacent to MIT, is currently experiencing a downturn in its biotech real estate market. This shift has created an opportunity for innovation and growth in the area, as the neighborhood adapts to the changing landscape. The situation is significant because it highlights the resilience of the local economy and the potential for new ventures to emerge in a space that has long been synonymous with cutting-edge research and development.
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